Help!.....

[MAGICMAN2007]

I am really despirate for advise.
My wife and I have been married for 6 years. The summer before, right before she moved out her mom bugged her and made her co-sign on a manufactured home purchase. A few weeks later she moved out and in with me for about 5 months before marrying. Wife had quit talking to mom and has not had any contact with here for almost 5 yrs of our marrage. We have resently just started receiving letters from that morgage company saying that we owe 24,000 dollars and that they may turn it over to the collection agentcy and garnish her wages. She located where her mom is living now and got in contact with her throught a family member. We found out that she had let the payments laps and let the manufactored home go back without even calling us. She said that she had already paid so much and the company was going to sale it to get the rest and was all taken care of when she filed for bankrupsey.
*****Wife understands that this will hurt her credit and is already showing repo-ed on her credit report. Her mom has already taken care of this when she filed. We can not afford to pay 24,000 dollars... How can we go about making them quit coming after us for this? We defanantly do not want them to garnish it from her paychecks...
I do not see how they can take the property sale it and her mom pay so much in her bankrupsy that she filed... and still be after my wife for another 24,000

Please advise

 

[Michael Wechsler]

So sorry to hear about this situation and I ALWAYS cringe when I hear "and so we signed the contract and then left..." because it ALWAYS comes back to haunt the signator. You should take a look at the contract and see if the bank/financer was supposed to provide you with written notice but had not. Perhaps you can negotiate with the bank regarding this home because you will be even worse off if the home is sold at auction as you'll be hit with more costs as well as a sale that likely isn't as high as it could be if you had done the selling yourself. You also need to determine what, if any rights you may have, with regard to the bankruptcy filing. I wish there was more i could say to help you but probably the best advice I can give you is to get someone with knowledge in this area locally to take a look at the contract you signed. Good luck.