logo

Debtconsolidationcare.com - the USA consumer forum

Is there any hope for me?

Date: Wed, 03/22/2006 - 04:56

Submitted by anonymous
on Wed, 03/22/2006 - 04:56

Posts: 202330 Credits: [Donate]

Total Replies: 7


I recently lost my job due to health problems and my husband doesn't make enough to cover it all. We only have 2 secured loans (our mortgage and our truck) and we have cut expenses everywhere. I am past due 30 days on the truck and 60 on the house! I have called to try to work it out with the lenders to no avail, to see if they could put at least 1 of the mortgage payments back so we could get caught up. They wouldn't do it. I don't want to " settle" I want to pay it but need some help! Our credit is in terrible shape because of the past due amounts, plus past bad decisions, so I can't qualify for a debt consolidation loan. I have about 24K equity in my home, owe 96K on it (and its appraised at 120) and 11K on my truck. I am trying to do the right thing but can't seem to get ahead! Any suggestions?