Well here I sit and re-read all the rip off reports on Ocwen. If only my husband and I had half a brain when our mortage was first taken over by Ocwen. But unfortunately we had no idea that there were companies like them out there.
I guess we were pretty nieve. We were 5,000 behind in our mortgage. It sounds like a lot but it isn't. We were making our payments and quite actually were getting upward and onward in our financial situation. We were hit with this and our life spun out of control. We were harassed with phone calls, etc. Etc.
The only way out that we could see was a Chap. 13. We tried, we tried so hard but we couldn't do it. We were dismissed after 1-1/2 years. So, we tried to find some company (any company) to help us. The one that would even try charged us $700 (precious money to us it was) and was unsuccessful.
Ocwen kept increasing the amount of money that they wanted from 4000 to 6000 to 8000 (I guess interest and penalites accured). So we found another attorney to go Chap. 13. We wish someone had told us that there were other alternatives. But they didn't. It was/is a nightmare.
This time we lasted about 2-1/2 years. But paying 1000 to the mortgage and 1050 to the trustee on what we actually netted out of our pay left us virtually no money to pay our other bills. We did bounce checks to them (unfortunately) and just couldn't make up the back balance. So here we are again, in the throes of a possible foreclosure.
We are trying everything to get out of it but I think our choices are done. Our attorney wants us to declare Chap 7. Great — the only major debt in our lives is the mortgage. We have skimped so much that we virtually have no other bills. Our house is falling apart because we don't have the finances to get it fixed.
Our son is starting at a trade school and that will cost money. My mom is sick and has no money to loan. We are absolutely dead in the water. All because we were actually on a payment plan (unfortuantely not in writing) with the prior company and Ocwen wouldn't honor it. My marriage will dissolve because all my husband and I do is work and fight and fight and work.
It's a total nightmare. The only way to solve this is to "check out". We are so tired of fighting. I apply to loan companies and then get so depressed because they all say the same thing: Yes, we can help but then they can't. Or they say "Oh Ocwen" we are not allowed to touch Ocwen loans. THis is my home, our home and because of some stupid company we are going to lose it. There are no lawyers that are willing to fight.
I am on depression pills, in poor health and getting more stresssed as the days go by. I'm sorry but I am so sad that there are companies like this. I guess we are just not intelligent enough to get out from under this company. If anyone has any ideas great — if not, thank you anyway for giving me a forum to write to.
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