Loan Modification Forum - LoanSafe.org - View Single Post

cliffdweller · 07-03-2009, 07:11 AM

Hi PB,

Did you include a Profit and Loss Statement for your business? Could that be what they want? I included a 6 month P&L and on it, I estimated the amount of self employment tax I would pay. That is all I can figure. I think that you have been assigned a negotiator is a good sign, especially if your debt to income ratio is decent..I'm sorry I forget if you already said what it is.

Marie - I spoke to the CC companies a few times in the beginning, but found it
upset me too much, so I stopped. My only hope to pay them anything is if WaMu will forgive some of my 2nd, allowing me to free up some $$ to reach a settlement with them, but that is Highly unlikely, soooo...or I suppose we could hit the lotto...I do think telling them that you are working out a restructure with the mortgage company and you will know more in 3-6 months could buy you some time, and stop some calls, maybe. They seem to have me on automatic dial.

07-03-2009, 07:11 AM	#158 (permalink)
cliffdweller Senior Member Join Date: Apr 2009 Posts: 179 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: WaMu/Chase Mod Moving Forward Hi PB, Did you include a Profit and Loss Statement for your business? Could that be what they want? I included a 6 month P&L and on it, I estimated the amount of self employment tax I would pay. That is all I can figure. I think that you have been assigned a negotiator is a good sign, especially if your debt to income ratio is decent..I'm sorry I forget if you already said what it is. Marie - I spoke to the CC companies a few times in the beginning, but found it upset me too much, so I stopped. My only hope to pay them anything is if WaMu will forgive some of my 2nd, allowing me to free up some $$ to reach a settlement with them, but that is Highly unlikely, soooo...or I suppose we could hit the lotto...I do think telling them that you are working out a restructure with the mortgage company and you will know more in 3-6 months could buy you some time, and stop some calls, maybe. They seem to have me on automatic dial.