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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Money is the only real cure. . . Posted by Ward-CA- on June 20, 2001 at 8:08 PM In Reply to: HELP! Our son and grandchildren are being foreclosed on in CA posted by kiwi-wanna-be on June 20, 2001 at 5:02 PM : As you can see, grandma and grandpa need HELP! To make a very long story short, our son was injured at work and has been unable to work for 2 plus years. Apparently he was a trusting soul who believed that the "system" would take care of him and the employer would do right by him. Unfortunately, the employer filed for bankruptcy and for more than a year, an insurance company has been jerking him around, late payments and short payments, and have now offered to settle for $5,000 for the unresolved low back injury that has provided him with incredible pain, pain that has made it impossible to stand, sit or lay without constant, intense pain. : Please, can anyone provide any suggestions how to stop these proceedings. : Without help, we don't think our social security benefits will feed all of us, not even dog food! =•=•=•=•=•=•=•=•=•=•=•=•= Yes, there are devices that can temporarily stave off the inevitably of a foreclosure, but the only real cure is money. You have to have enough to reinstate the delinquency and then make all the payments to follow. Only when your property is free and clear can you really relax. Sometimes, through no fault of your own, an accident can occur that will derail the best made plans. That seems to be the case recited above. If the consequence is so severe that your son won't be able to work for a long time to come, then how will he be able to make the monthly payments that all the foreclosure comeback plans require? If there's no light at the end of the tunnel, such as you've portrayed, then I would focus on getting through the inevitable foreclosure in the best shape possible. Fortunately, in CA a lot of our foreclosures don't allow the lender to come after the ex-owner for any deficiency if the lender failed to get fully paid off via the foreclosure process. And if after the trustee's sale, you move out prior to an eviction action brought against you, you'll spare yourself from getting listed in the Unlawful Detainer registry which discloses to all future landlords that you're a known eviction risk. I'm certain you would qualify for the Federal rental assistance program known as Section 8. It is so popular that there can be a long waiting time, but you should register anyway since there might be enough extenuating circumstances in your situation that you would qualify you to go to the head of the list. Section 8 pays about 80% of your monthly rent. It's a godsend to many, many low income people in this country. Good luck to you, your son and family. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : As you can see, grandma and grandpa need HELP! To make a very long story short, our son was injured at work and has been unable to work for 2 plus years. Apparently he was a trusting soul who believed that the "system" would take care of him and the employer would do right by him. Unfortunately, the employer filed for bankruptcy and for more than a year, an insurance company has been jerking him around, late payments and short payments, and have now offered to settle for $5,000 for the unresolved low back injury that has provided him with incredible pain, pain that has made it impossible to stand, sit or lay without constant, intense pain. : : Please, can anyone provide any suggestions how to stop these proceedings. : : Without help, we don't think our social security benefits will feed all of us, not even dog food! : =•=•=•=•=•=•=•=•=•=•=•=•= : Yes, there are devices that can temporarily stave off the inevitably of a foreclosure, but the only real cure is money. You have to have enough to reinstate the delinquency and then make all the payments to follow. Only when your property is free and clear can you really relax. : Sometimes, through no fault of your own, an accident can occur that will derail the best made plans. That seems to be the case recited above. If the consequence is so severe that your son won't be able to work for a long time to come, then how will he be able to make the monthly payments that all the foreclosure comeback plans require? : If there's no light at the end of the tunnel, such as you've portrayed, then I would focus on getting through the inevitable foreclosure in the best shape possible. : Fortunately, in CA a lot of our foreclosures don't allow the lender to come after the ex-owner for any deficiency if the lender failed to get fully paid off via the foreclosure process. And if after the trustee's sale, you move out prior to an eviction action brought against you, you'll spare yourself from getting listed in the Unlawful Detainer registry which discloses to all future landlords that you're a known eviction risk. : I'm certain you would qualify for the Federal rental assistance program known as Section 8. It is so popular that there can be a long waiting time, but you should register anyway since there might be enough extenuating circumstances in your situation that you would qualify you to go to the head of the list. Section 8 pays about 80% of your monthly rent. It's a godsend to many, many low income people in this country. : Good luck to you, your son and family. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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