macgyver, version 2.0 ([info]moofoot) wrote,
@ 2009-06-02 06:11:00
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Current mood: sad

the clock ticks
It is June 2nd.

One day of June has passed, and already I feel like a giant failure because I haven't found a solution - even though I know that there is no easy answer, no quick-fix, no Hail Mary pass.

To make a long and exhausting story short - because between the fact that my neck is absolutely killing me, and the fact that thinking about this will only make me fret myself into a state of not-sleeping - we have a month.

One month, the letter said. Until June 30th to come up with the portion of loan in default (March, April, and May - $5979) plus any fees/penalties and the payment for June ($1800). One month to come up with roughly eight-thousand dollars.

If we can't do that, then they're going to begin the foreclosure process on the house.

...



(Yeah, that's what I said.)

I don't even think that selling all of our things would help at this point (though I would gladly sell body parts if it weren't illegal) because come July, we'd be in the same hole.

It was dad's idea to buy the house - he barely discussed it with my mom, really - and he was so proud of the fact that we'd gotten out of our rental and had our own home. Maybe that's why I've got just a hard time dealing with all this and the thought of losing this house. He poured his heart into it, and it's full of memories and his mark.

I don't want to lose it because I can't stand the thought of losing him again. I just can't and I hate feeling so powerless.

I would give anything to keep this house. Anything.

All I can do is pray for a miracle, and keep pushing on. I won't give up because I won't give up on this.

I won't give up on him.



(22 comments) - (Post a new comment)


[info]kikibug13
2009-06-02 02:18 pm UTC (link)
augh... ohgods. *snugs tight* I'll join with good thoughts/prayers. and if something comes along that I can help with, count me in!

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[info]moofoot
2009-06-03 11:30 am UTC (link)
Most definitely. *snugs* That's very appreciated.

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[info]kikibug13
2009-06-03 12:01 pm UTC (link)
*snuggles* I'm glad that there are more knowledgeable and informed people who tagged below. But still, even if I really can help with very little advice right now, still thinking of you and for you.

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[info]bigfluffball
2009-06-02 04:05 pm UTC (link)
*hugs lots*

I don't suppose it's any help, but in the UK we have companies that 'Consolidate your debts' into one loan with a lower rate that has to be paid back over a longer period of time. As far as I can make out it works by buying your existing debts.

It might not be a good long term solution but it might help in the short term, if such things exist in the US. And it should buy you time.

I'll be hoping and praying for you. If it does come to losing the house, then it may not be much consolation, but remember that your father will always be in your heart, in your memories, and nobody can ever take that from you.

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[info]moofoot
2009-06-03 11:32 am UTC (link)
Those sorts of things do exist - I'll have to look into those sorts of companies as an option myself. It's just so hard when I work on an opposite schedule from normal business hours and am asleep when anything can really be DONE, you know?

You're right - he is in my heart and in my mind and nobody can take that - but it's just a big emotional burden that I'm struggling to deal with. Grief is such a bitch.

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[info]kcountess
2009-06-02 04:38 pm UTC (link)
*hugs tight* If there's anything I can do--even listening or talking about something completely different so you don't have to think about it or RPing whatever--let me know.

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[info]moofoot
2009-06-03 11:32 am UTC (link)
I definitely will, and distractions are VERY good.

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[info]ceitfianna
2009-06-02 04:58 pm UTC (link)
*hugs lots*

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[info]moofoot
2009-06-03 11:30 am UTC (link)
Thank you, Fi.

*snugs tight*

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[info]wiccabuffy
2009-06-02 05:06 pm UTC (link)
*just hugs you*

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[info]moofoot
2009-06-03 11:30 am UTC (link)
Thanks, Jo. *hugs*

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[info]cybertoothtiger
2009-06-02 05:06 pm UTC (link)
Have a look over here and see if anything applies to you that might be helpful. Have you been to a credit counsellor yet?

*Hugs*

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[info]moofoot
2009-06-03 11:34 am UTC (link)
Mom really needs to make an appt. to see someone who knows how to DEAL WITH THIS SHIT, because I am not an attorney or credit counsellor and I don't know how to fix this stuff.

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[info]ashylogic
2009-06-02 07:39 pm UTC (link)
Can you get your money back from the airline tickets and apply the money you planned to spend on the convention to helping close the gap with what is owed on the loan?

Is there a chance your aunt will write a check directly to the loan company and take that from your mother's part of the inheritance? (I only say directly to the loan company because it sounded from the letter you posted that she doesn't have a lot of faith in your mom to take the money and apply it to what is needed, and with this being a substantial amount of money perhaps she would be more willing to do it this way?)

Have you called the loan company and tried to negotiate with them? Sometimes if you can come up with half they will work on the rest. From what you've posted so far it sounds like your mom is trying to ignore the problem because she feels too overwhelmed, and if that is the case then maybe you need to call them yourself, pretend to be her, and try and negotiate something to save the house. In today's economy, especially in California, it's not going to help the loan company to foreclose if they can possibly work it out with you guys.

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[info]moofoot
2009-06-03 11:29 am UTC (link)
Frankly, 300 dollars (airfare + registration) is not a drop in the bucket on the loan. They're non-refundable tickets anyway - and it's not fair for me to have to be the only one who puts money towards the loan or gives a shit. I'm working for the money, yes I will help out and pay my portion (and extra, like I already am) but honestly it is not fair for me to be some giant piggy bank from the sky who gets nothing out of the deal but misery and being treated like crap.

I will look into calling and negotiation sometime this week. We need to call a family meeting, sit down and talk this shit out. If mom won't talk to the rest of the family, then fuck it, I will.

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[info]ashylogic
2009-06-03 02:26 pm UTC (link)
None of this is fair, and I'm not trying to upset you. I'm just looking at it from an outsider's pov. You all live in the house, and going by only what you've posted, you're the one who seems the most determined to make sure you guys don't lose it. I get why you don't, and I hope things work out. But for a long time, while you were struggling to find a job for nearly a year, your mom and sister were the ones having to contribute to the household expenses. Yes, you wanted to help them, and you busted your ass to do so, but from what I see right now you and your mom are the only ones who have viable income coming in right now cause your sister is unemployed. Unless your mother has gotten another job, then I assume she will only have her unemployment for a few months thanks to the education system laying off "non-essential" personnel. I put that in quotes cause it's sarcastic. I find cutting out librarians and support staff to be an insult because they are absolutely essential in school systems and it sucks they are always the first to take the hit.

None of this is fair, Alison. The recession isn't fair. Your mom losing her job isn't fair. Your father being gone isn't fair. You having the only job that is stable right now isn't fair. And I get why you want to go to the convention, and if they're non-refundable okay. I just know that there are a lot of other expenses that go along with conventions, food, hotel expenses, tickets for photos and what not, and I figured if you had the chance to apply that to trying to get the house back under control you'd want to. But here is the rub, and you pointed it out in your post, if you guys are able to come up with the money they want by the end of the month, it sounds like you have no idea how you'd come up with July, and the next month ect. I know you don't want to lose the house, and that your father is so very important to you. But if you guys can't make the regular payments when you do catch up, is there a possibility that you may have to look at other alternatives? I have no idea what the cost of living where you are is. I assume it's very very expensive no matter if you're renting or owning a home.

Someone up above listed the bankruptcy link. That seriously needs to be looked at right away. I mean, you guys need to get a consult with an attorney (and a lot of times they will work with you with the fees if you do hire them to handle stuff) because from what I understand if you file for bankruptcy that will put a hold on your creditors, including the mortgage company, being able to take the house until after you guys get into court. So it would definitely buy you some time. A lot of times, with bankruptcy, you are allowed to keep your house and some of your other possessions. It will basically put a hold on your mom getting any kind of new credit for years, but it's probably the best option you have right now.

I can't urge you enough to call the loan company directly and negotiate. The fact is, no it's not fair to fall to you to have to take responsibility of this, but if you don't it doesn't sound like your mom will. She let it go for months and if she hasn't talked to them directly and the only communication they've had is through the letters that she's let sit unopened? Then they're gonna be under the assumption you guys don't want to keep your home. It's more beneficial to them to work something out with you then it is to foreclose since all these houses being foreclosed on are basically just sitting there cause the buyer's market is totally shit right now.

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holy long comment, batman
[info]ashylogic
2009-06-03 02:26 pm UTC (link)
Everything I've offered here is going strictly on what you've posted. I don't know your family or how they work. It just seems like maybe your mom is resigned to the fact that keeping the house isn't an option, and if that is the case then you may not have her busting her ass to help you guys get caught up. And if you are the one who is determined to keep it then, then it may fall squarely on your lap to handle the majority of the responsibility including negotiating and prodding your mom to talk to your aunt or her mother. If your mom is suffering from depression (which is likely, just as it's likely you are too given the stressfulness of the situation) she may be in shut down mode and will need someone to push her into action. I'm really sorry you're having to deal with it. I know from experience what it's like to feel like you're the one having to shoulder all the responsibility when we're raised to believe our parents will be the ones to carry it. I have had to mother my mother since long before I was legal. But if your mom isn't going to step up to the plate, then there is no one left to do it but you. And no it's not fair, but you may be your only shot at keeping the house.

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Re: holy long comment, batman
[info]moofoot
2009-06-03 02:32 pm UTC (link)
I wasn't...eh. I should not reply to comments at 4 AM when I'm feeling snarky and just off work. You weren't upsetting me at all, and the outsiders POV is helpful. There's a lot of underlying drama going on - and all you guys see is what I post, which is obviously not the entire story / the story shaded through my vision of things.

And honestly...I am just tired of the whole situation. We really need to have a family sit down and figure this out, and figure out what we're going to have to do. Because frankly, unless we figure out this stuff financially - and yes, with the school system being fucked and mom getting laid off + no money over the summer - there might be better ways to go about ensuring that we have a place to live in the future without ending up in the same hole right now.

Bankruptcy might be the only option - but god help me if anyone tries to take dad's things, I think I'd completely lose it, and I am not even kidding.

This is all just so frustrating. It's not fair, but it is what it is.

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Re: holy long comment, batman
[info]ashylogic
2009-06-03 02:48 pm UTC (link)
I think your dad's stuff would be protected under bankruptcy law. Usually the only stuff they really go after is things that are still owed money on. And even then it's gotta be over a certain amount of money. Most of the time what bankruptcy does is allow you to keep your things, including your home, but puts a freeze on you getting new credit for a few years. It's a way to basically pull yourself out of the financial hole you're in for whatever reason and to rely on spending with what you have rather than falling back on credit cards. Which can be hard. I won't lie. We're a society who is used to putting stuff on credit, but if it will allow you guys to keep your home and alleviate some of the stress and worry you're under then it might be the best route to go.

Because like I said, I have no idea what it's like for apartments and stuff. And going from my best guess given California is an expensive state to live in, I don't necessarily know you guys would be better off without the house. By the time you had to come up with first and last month's rent as well as a security deposit it could be just as bad as what you're facing right now.

Your mom should definitely go look at temp agencies too and see if they can get her into administrative work since she is being laid off by a controversial ruling in Cali. I mean, it made the news down here with people protesting those layoffs so I can only imagine what it's like there. It sucks to be the one to have to pull it all together, Alison. I don't envy the position you're in. I just know that the house means the world to you, and I really do think that either negotiating with the loan company via the phone and/or checking into bankruptcy is gonna be you guys best chance at not losing what means the most to you.

I'm praying for things to get better for you soon. Just try to take it day by day and get that sit down with your family and work out a plan in the few weeks you have before they start their action. I hope it works out <3

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Re: holy long comment, batman
[info]moofoot
2009-06-03 02:56 pm UTC (link)
Hrm. I will have to look into that. The only thing that we have outstanding really is the house, and the Explorer.

I should get my car actually titled in my name, even if it's not running...

California is expensive, and exactly - an apartment would be basically where we are at right now per month, so it's more feasible to try and keep the house and renegotiate. Even if we have to make it a complete new 40 year loan...whatever. This economy will turn around and we'll have a place.

Things will work out somehow, I have faith.

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Re: holy long comment, batman
[info]ashylogic
2009-06-03 03:05 pm UTC (link)
Yeah, def get your car registered in your name. You can ask the attorney about the explorer, but if you guys aren't behind there then maybe it wouldn't be included. I don't know exactly how that works. I think it's up to each creditor. I just know the big thing is they try and protect your home above all else cause a person being homeless isn't likely to get back on their feet.

Yeah, you absolutely want to find out all your options. If a new loan can be negotiated then maybe you won't need to go the bankruptcy route. If they're not gonna negotiate then protect you guys home and stuff by any means necessary. If anything I think bankruptcy would probably be more common place and easier to get in Cali right now considering the state itself is basically bankrupt.

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[info]desert_vixen
2009-06-05 05:49 pm UTC (link)

First of all, big hugs. (((((((( ))))))))))

Second of all, definitely have the family sit-down, and talk to a lawyer or a counselor. Your mother may think that ignoring it will make it all go away, but it won't. And you know that. As painful as it may be, letting the house go might be a viable option. Bankruptcy would be what I looked at first, though, and ditto what all the more-knowlegable people have said above me.

DV

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