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 Posted: Thu Aug 07, 2008 7:24 pm Subject: Suntrust/Countrywide and short sale |
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Hi,
We can't afford...house...self employed...aren't...enough money...pay...mortgage...cc's.....put...house on ...market last May....hasn't sold....used ...cc's to get by....agent...specializes...short sales...working with countrywide & suntrust in order to short sale our house....50,000 below appraisal price ...no lookers...7 kids to house and feed, ...nervous...future.
We owed ...2900... to Advanta....offered to settle...$1629 ...lump sum payment ...stopped paying in March and just received ...accepted ...offer.
WAMU, a...check wamucanhelp, for ...offer. $500 balance - settled ...$269....other card - $4500 - settled...$2100. Both ...four payments. offers...going to give me 1099s.
Discover ...does not offer...discount on...principal...Anyone know?
BOA today ...12,000 on one card - $6000 ...and $5500 ..... waive late fees,... reduce interest rate to 4.5% ...payment plan for 60 months - 3 together come up to $400per month... ....... Anyone ...any experience ...? Will they accept lump settlement for less than...principal? ... more than 4 months? ... sue me?
Chase... nice.........call once a month....with them is $8k.
Lisa
Post edited as it is a duplicate thread of http://www.debtconsolidationcare.com/settlement/about49607.html --- Jason
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Lisa1861
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phoenix
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