Financial Ruin Thread

[Sgt PSN]

Nice.  How long since your last payment? 

[Rome]

June

[Sgt PSN]

Makes you wish you stopped paying 3 years ago, doesn't it? 

[Rome]

I talked to my attorney tonight and he laughed out loud when I told him the amount.  He said no farging way are you going to end up paying that much.  Evidently everything is negotiable but he did say it's good that I got the approval because it shows that (1) they're interested in negotiating and (2) our credit isn't so wrecked that a modification is out of the question.

[Sgt PSN]

Wait, so you've gotten 4 months of "forgiveness" on your missed payments, got your monthly payments reduced about $250 and 2% dropped in interest and the lawyer is laughing at it?

Obviously I'm on the outside looking in and don't know the particulars of your finances, especially your mortgage payment, but I'm not understanding how that is something to laugh at?  Does he think you'll get your mortgage payments cut in half or get your interest rate reduced to < 3%?  I mean, good on him (and you) if you're able to squeeze more out of whatever bloodsucking bank is financing your home, but the offer you got seems like a pretty fair deal. 

Just out of curiosity, what's in it for the lawyer?  He's not doing this pro bono, is he?  I imagine he's getting x% of the amount of money he saves you, right?  Because you'd just be robbing Peter to pay Paul.  Or is he just charging a flat fee? 

[PoopyfaceMcGee]

I think Rome should get to live for free wherever he chooses. Hopefully in my master bedroom as the inside spoon.

[Rome]

He's not charging me a dime.  It's a pro bono deal.

And I'm not complaining about my lot here, just relaying what he said to me when I informed him what the bank offered.

I will have to pay the three trial payments regardless, and that's fine. 

PS: Inside spoon IN.

[Diomedes]

You'll give him a six pack or something though, right?  I mean, if he does right by you.

You don't have money, but maybe let your wife sleep with him.  That kind of thing?

[Rome]

He's gay.  Maybe you could help a brotha out?

[Seabiscuit36]

maybe they still have catholic school girl outfits in the house