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Help me out, please!

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Money Talk > Credit & Loans

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Della01
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Cash: $ 0.25

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Joined: 01 Feb 2018
Location: Toronto
Help me out, please!  Reply with quote  

Hi,

I am going through the worst face of my life. Eight years ago, I took a mortgage to start a business. Later, in 2013, I secured a second mortgage to buy a home. As my business was running good, I was confident enough to take a second mortgage. I thought it would be easy for me clear the monthly payments.

My second mortgage is a variable rate mortgage and in 2015, I started to feel difficulties in making the payments. Last year, the status of my business also started getting down. My friends asked me for a debt consolidation and I had a discussion with my broker regarding the same.

He is telling, as there are issues with my credit score and debts, it is not possible to consolidate it now. So, I am not eligible for a debt consolidation! The next and final option in front of me is Bankruptcy.

But, it's really painful to lose everything we have! So, please let me know if there is any other option for me. In my search, I could Do you think they could help me with any other solution?

Please respond. Thanks in advance.
Post Thu Feb 01, 2018 6:36 am
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nateferguson
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Cash: $ 0.20

Posts: 1
Joined: 10 Feb 2018

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Look it may sound very horrendous and scary at first but listen, money isn't every thing and if you live long enough, you will get it back. Money is a come and go sort of thing, file for bankruptcy and in near future you will get it back through your hard work. I went through these sort of mortgage stuff as well but now i own my own online essay perks website, it was just a matter of time and dedication. [/url]
Post Sat Feb 10, 2018 11:49 am
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