Need help with collection

[SavGaBoy]

I had my mobile home repossesed. Now the Mortgage company says I owe them 16,000 dollars. They are talking collection even law suite. I dont have 16,000 dollars, if I did I would have kept the home. I tried to let a number of people take over payments but they would always find someting wrong and not let it happen. What do I need to do?

 

[debt_helper]

I had my mobile home repossesed. Now the Mortgage company says I owe them 16,000 dollars. They are talking collection even law suite. I dont have 16,000 dollars, if I did I would have kept the home. I tried to let a number of people take over payments but they would always find someting wrong and not let it happen. What do I need to do?

work out a payment plan for less then 16,000 and borrow some cash. If not, work out a payment schedule for the balance with no interest to accrue, and actually pay it off. DO NOT LET THEM SUE YOU AND GET A JUDGMENT AGAINST YOU. Then they have you by the balls- emptying bank accounts, taking money from your paychecks, running constant credit checks and jacking up the interest. Be smart, suck it up, pay it off.

 

[seniorjudge]

I had my mobile home repossesed. Now the Mortgage company says I owe them 16,000 dollars. They are talking collection even law suite. I dont have 16,000 dollars, if I did I would have kept the home. I tried to let a number of people take over payments but they would always find someting wrong and not let it happen. What do I need to do?

Do not ignore any summonses or other papers sent you by a court.