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Mortgage Company and mother commit suicide just before bank foreclosure

Posted by James Breen at 24 July 2008 10:48

Must be an good feeling when you read my Bankruptcy And Debts. Mortgage Company really surprise me.

The hobby is starting to work. I know I want it, but by now, I am beginning to feel like a dog that has caught a bus: I have no idea what to do with it. This is something cling to me for dear life.

This is a very sad story which affects the entire family of a mother who committed suicide; the husband, her parents, the children and so on. Today in Taunton, Massachusetts a 53-year-old wife and mother fatally shot herself soon after faxing a letter to her mortgage company saying that by the time they foreclosed on her house that day, she would be dead:Police in Taunton said Carlene Balderrama used her husband's high-powered rifle to kill herself Tuesday afternoon, after faxing the letter ..keep reading.

Many do take the plunge. It is a big deal.

23Jul08 San Diego City Attorney Michael Aguirre has filed a civil complaint against Countrywide Financial, alleging that the former top home loan lender committed consumer lending fraud. The suit claims that the Calabasas, CA-based mortgage lender engaged in predatory and unlawful lending practices that pushed a substantial number of San Diego residents to the brink of foreclosure. Specifically, Countrywide has been accused of making ..other part.

The new incomer can kiss all those luxuries good-bye. Ironically, I am nervous about trying my hand at them.

Yesterday Mike Aguirre announced that today he'd make a major announcement about civil action he's taking against a "a major mortgage company" (did we even need to guess who it would be?). Starts with a C and ends in -ide. The lawsuit is likely symbolic (before he was elected City Attorney, our nickname for Aguirre was "Mr. Sue-a-Lot"), since state Attorney General Jerry Brown filed a similar suit last month accusing Countrywide of "causing thousands of foreclosures by deceptively marketing ..full story.

You are now ready to rock, so stop sitting there, and get on with the post already!

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Both types of bankruptcy may get rid of unsecured debts and stop foreclosures, repossessions, garnishments, offs, and debt collection activities. Both also provide exemptions that allow people to keep certain assets, although exemption amounts vary among states. Note that personal bankruptcy usually does not erase child support, alimony, fines, taxes, and some student loan obligations. And unless you have an acceptable plan to catch up on your debt under Chapter 13, bankruptcy usually does not allow you to keep property when your creditor has an unpaid mortgage or lien on it.


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