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FedUp02 · 04-29-2009, 01:44 PM

I have been here for a while and haven't posted our story. I will try not to drag it out.
We made our last full payment to Countrywide in February 2009. After that we made very small payments in March and April. We received a "Notice of Intent to Accelerate" from CW on April 24 that we needed to pay them $2777 by May 16 and let us know that we had other options if we couldn't do that, i.e., Repayment Plan, Loan Mod, Sale of Property and Deed-In-Lieu.
We sent a letter to the President, Adrienne Ely in Simi Valley, CA on April 28 stating that we were interested in a Deed-In-Lieu.
I have no idea how much longer we have before they come after us nor do we have information on the options time wise. We tried to call the number they gave us and just got a debt collector that could only take information on our bank account to pull out money that isn't there to satisfy what we owe. Other numbers listed were for debt or housing counselors or whatever they are called through HUD.
Like everyone else here, we are sick of this and are getting closer to just finding a place to rent (if we can find one) and sending the keys to CW (or BofA or whoever THEY are now) and telling them where they can put them and walking away.
Thanks for letting me vent. So glad to find this site.

04-29-2009, 01:44 PM	#1 (permalink)
FedUp02 Senior Member Join Date: Apr 2009 Posts: 92 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Questions and Confusion/NACA I have been here for a while and haven't posted our story. I will try not to drag it out. We made our last full payment to Countrywide in February 2009. After that we made very small payments in March and April. We received a "Notice of Intent to Accelerate" from CW on April 24 that we needed to pay them $2777 by May 16 and let us know that we had other options if we couldn't do that, i.e., Repayment Plan, Loan Mod, Sale of Property and Deed-In-Lieu. We sent a letter to the President, Adrienne Ely in Simi Valley, CA on April 28 stating that we were interested in a Deed-In-Lieu. I have no idea how much longer we have before they come after us nor do we have information on the options time wise. We tried to call the number they gave us and just got a debt collector that could only take information on our bank account to pull out money that isn't there to satisfy what we owe. Other numbers listed were for debt or housing counselors or whatever they are called through HUD. Like everyone else here, we are sick of this and are getting closer to just finding a place to rent (if we can find one) and sending the keys to CW (or BofA or whoever THEY are now) and telling them where they can put them and walking away. Thanks for letting me vent. So glad to find this site.