Foreclosure & Mortgage

[nhcredit]

What is the name of your state? NH

This was also posted under Mortgage stuff, however I really need a lot of advice on this!

What is the name of your state? NH

First, many thanks for the people that will truly answer my question.

I'm looking for real solutions and options to a mortgage issue... basically, when I refinanced I didn't Escrow. So now I'm stuck trying to keep up with high town taxes, plus the Monthly mortgage, as well as gas, daycare, food, electric, etc.. etc..

Essentially, I need more money and I know what option A. is:
get a 2nd job. Which I plan on doing, however I still have an immediate need to:
B. Pay my mortgage on time
C. Come up with $2,000 in about a week
D. If I can't keep up with the mortgage - how do I avoid foreclosure and losing my house?

As of right now this second, I owe the mortgage company about $2,000. If I miss this payment, they go to the next step. What are all the steps in foreclosure.

Advice Please:
Should I seek an attorney?
Is Bankruptcy the best option?
What other options do I have to avoid foreclosure? (getting a loan, cash from family/friends, and/or a 2nd job is not an option at this point. I need immediate solutions)

I think bankruptcy can save my home, however destory my credit - more than it already is. What otheroptions could I look into? I CAN'T LOSE MY HOME! Please, I beg for real help, support, and not worthless "get a job" reply posts or digging up my old posts. I guess some people have too much free time.

If an option is having you send me a check because your a millionaire, I will gladly give you my info! I need help.

I appreciate all of your advice!

 

[Ladynred]

D. If I can't keep up with the mortgage - how do I avoid foreclosure and losing my house?

Bankruptcy will stop everything, at least for a while. If you file Ch 13, you can put the arrearage into the plan and you can keep the wolves at bay. If you file Ch 7, you are going to have to catch up the payments or they will move to have the automatic stay lifted to forclose - and the court is likely to grant it.

If you are already behind in your mortgage, your credit is already taking a hit for the lates. Bankrutpcy is NOT a credit death sentence, especially if your credit is already on the way down. If you're living in a house you cannot afford, maybe you should re-think keeping it.

As to your immediate need for cash to catch up, if you have nothing to sell and no way to borrow it, I know of no other LEGAL means to get 2K that quickly.