I was diagnosed with a genetic disorder, we failed 1 payment and were playing catchup on this loan / a second mortgage originated through the money store and sold to homeq.
Our payments of 345.00 were due on the 15th of each month, we had to pay on the 25th due to medical bills. We got a notice, mailed to the wrong address of forclosure. I freaked, they refused my payment and tried to forclose.
When the loan was sold by the Money Store it changed to a dsi loan without our knowledge, our payments were only covering the interest.
I was very persistant, calling every day to work out a solution. I was put off for 3 weeks, I finally got a forebarrance agreement a$600.00 a month with a $2000.00 dollar down payment, the forbarrance is for 1year.
There is something fishy going on with this company. We have been able, so far to make the payments via western union quick collect, beg, borrow and at the expense of our 3 children and a marraige. This has been a nightmare!!!
We originally got the loan for home improvement and debt consolidation in 1998. We borrowed $30,000.00 and we still owe $27,000.00.
When I was trying to work out an agreement I was calling a debt collection service, since when can a mortgage be sold to a debt collection service? I am open to any help available!!!
Thak you
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