Re: Probably a good offer - Posted by Ed Copp (OH)
Posted by Ed Copp (OH) on January 12, 2001 at 20:57:59:
You are wanting to save your house from forclosure. Unfortunately this takes money. Normally people who own houses do not file bankruptcy, and do make the payments. It appears that this has not happened and you are going to have your house loan forclosed on. The person you talked to is offering a workable solution.
There is another solution and that is to pay up your back payments. It sounds to me like you do not have the money and can’t do that so you can talk to the person about the offer they are making, or you can loose the house. Your choices are very limited at this point. That is unfortunate but that is how it is.
I doubt that there is anything “shady” about the offer you have (bear in mind I have not seen the offer). The person who’s ad that you answered is offering a solution to your problem. If you have another solution lined up, you should look at that too. Doing nothing at all is probably the worst choice right now. Incidently the fact that you have 3 children has no bearing on the situation unless they have jobs and can help you out.