Quote:
Originally Posted by Dayze
basically, our last option is to scrapte together about 5 months worth of payments; and pay in full to pull out of foreclosure status. This will be VERY challenging, but we're going to try to do it. If we can, we'll pay the unsecured people what we can pay them each month; knock out cards one at a time. I think we'll eventually get out.
I had planned on paying my car off to free up the payment from a cashflow perspective, so if I can manage to hang on/make the payment until this time next year it will be paid off on time. Then, I can start snowballing the the freed up cash onto other debt.
gonna be rough, but F it....worth a shot.
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Good luck bud. It can be difficult, but it's been proven that it can be done. Just know when to throw your cards in if it comes to that. Otherwise you'll be hemorrhaging money with nothing gained.