Centex Home Equity
Home repair loan led to debt, bankruptcy and foreclosure sale

Business & Finance

I am a widow and owned my home. I needed home repairs done and Centex contacted me at word and said they could help. All they did was put me in debt. I could hardly make payments after I ended having mortgage of 26,934.00. Okay now get behind 15 months later they could refinance loan. I'm desperate now, don't want to lost my home. Refinanced ins.into loan to the tune of 2,329.31. I was laid off the next month. They did pay 1year ins. Then I had to work 3 months to get any more payments made. At 54 and not in good health with unemployment checks done, can't find another job but babysitting which does pay

After finding a job for 5 months but again laid off. I now get foreclosure notice and sheriff sale scheduled for March 5. Contact Centex find out I have ins.ins.Co paid 90 days 1521.00 Have 9 more months of ins left. Was working with Centex when I could talk to them. Then 4 days before sheriff sale they said that even with ins. Payments it would not stop sale.

I had to file for bankruptcy and will lose home any way.

By the way refinanced loan was 38,000. With more settlement charges.

I know I won't save my house but sure would like to hurt that company where it hurts in the pocket book.


Company: Centex Home Equity
Country: USA
State: Texas
City: Dallas
Address: P.O. Box 1999111
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