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2 nd mortgage

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Archie



Joined: 09 Nov 2009
Archie's page
Posts: 57



37 Magic Points

Subject: 2 nd mortgage
 
Posted on Sun Nov 22, 2009 12:52 pm  

I have a 2nd mortg that has been charged off.. How soon should I expect the collection agency to start calling me? Can I offer small payments since I am broke or will they be nasty and want the full 90K? I want to satisfy the loan but can't afford much. maybe $200 a month.. What should I do?
debranewell2008



Joined: 10 Oct 2009
debranewell2008's page
Posts: 591



109 Magic Points

 
Posted on Sun Nov 22, 2009 6:09 pm  

Hi Archie,

When I got behind on my second mortgage they had sent me papers telling me they where ready to foreclose on my house. If I was you I would call and set something up with them before this happens.

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