We are like many others here who are struggling to keep our home. Our story is not that unique but still after spending hours reading many posts, I am still not sure where to turn and what to do next.
I will try not to make this too long. In a nut shell.....lost my job in April 2009....called CITI and told them the next day and tried to work something out before I was behind. They wanted nothing to do with me. So now I am 6 months behind...In june I tried the "workable solutions application" AKA "cutomer hardship assistance package" which I assume is the first step in the HEMP process....at first I was approved and even given a monthy payment amount etc......but then a month later was denied. After many back and forths....never being able to talk to the same person and having to start over every time we talk to a new person......We were served forclosure papers on Oct. 12th from the county court house and had 20 days to respond. I messed up and thought we had 20 working days but turns out we had 20 calendar days. Today is day 21 and I sent a reponse via fax to the court house and to Citi's atty.. (after hours) and I will mail/hand deliver tomorrow(day 22).
First question is....how bad is it that it was over 20 days? Do they consider that Sunday(halloween) was day 20? Citi's atty is David J. Stern and I have heard quite a few bad things about him and that he is quite ruthless. I am concerned that he will even acknowledge that he got the letter today.
Next question is, should I submit a "request to set aside a default" or similar court document?
What do I do now? I expressed in my letter to CITI that I would like to try the modification application again as my circumstances have changed and I now have a bit more income and a few fewer bills.
Some stats. 1st mortg with CITI 236,000... second mortg with suntrust for 50,000....house is worth about 180,000. There is a federal tax lien on the property of $10,000 due to a 401k having been dissolved in the divorce and the penalties not getting paid.
We are a blended family of 7 (divorced father or 3 and divorced mother of 2) trying to keep our home and somewhat stable life for the kids.
Thank you for your help