Loan Modification Forum - LoanSafe.org - View Single Post

pennylane · 03-06-2008, 01:57 PM

Hotlancer,

I will follow your advice and negotiate paying our HELOC before we get harrassed by collection agents. Do we call now when we have not missed payments yet (on both 1st and 2nd loans) or do we call when we're in pre-foreclosure. How do we negotiate? We have $35K on a variable rate and $113K on a fixed rate both through B of A.

Thank you so much.

03-06-2008, 01:57 PM	#5 (permalink)
pennylane Member Join Date: Feb 2008 Posts: 7 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Heloc Hotlancer, I will follow your advice and negotiate paying our HELOC before we get harrassed by collection agents. Do we call now when we have not missed payments yet (on both 1st and 2nd loans) or do we call when we're in pre-foreclosure. How do we negotiate? We have $35K on a variable rate and $113K on a fixed rate both through B of A. Thank you so much.