QUESTION
How does a widow pay off second mortgage debt?
Asked on Feb 13th, 2014 on Debtor and Creditor - Florida
More details to this question:
Since my husband's death in 2007, we have been over $70,000 in debt due to a second mortgage that I have been unable to pay. Since I only have a part-time job and barely enough to cover the rest of the expenses I can only struggle to pay the interest. Is there any way I would be able to reduce the amount of debt a considerable amount?
1 ANSWER
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
Partner at
Tischhauser Law Group
2 Awards
Not likely unless you negotiate some arrangement with the bank. You may need to get 2 part time jobs to make up the loss in revenue or possible contact bankruptcy lawyer.
Answered on Feb 14th, 2014 at 2:25 PM
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