Help-I once had great credit & now have bad credit due to loss in finances-i need to refi or a loan immediatel

I had excellent credit until 2006. I went on maternity leave & at the same time my fiance lost his job. He has done nothing but get me more into debt. I had most of my accounts for over 10 years. Due to being a new mother and only having enough money to pay the utilities and mortgage, the creditors did not get there money. I have two lawsuits from the same bank, a discharge and probably about to have a lien put on my home or my wages garnished. I cannot have that happen. I need help and no one will help me due to my current credit score # - they do not look at the excellent credit history and payback I managed for over 10 years with these creditors. I have equity in my home and cannot get help. I need help and have no one to turn to. I have a son to take care of and no credit. I now have no savings, no credit cards - if there is an emergency or my son needs something - I have no way. Does anyone know of reputable company who will help me and my 18th month old son?

Two things.

First, the first poster is dead wrong about wage garnishment, credit card companies can do this if they take you to court and get a judgment first.

Second, the only offers you will get here are scams, be very careful.

You can not have your wages garnished for credit card debt. You can have your home liened by court order, but they can not force you to sell it to pay the lien. (The lien will come out only if you voluntarily sell the home).
Short of financial help from friends and relatives, you wont get credit, despite your previous record. You can start to rebuild your credit by making small payments to your debt, or you can declare BK, and start over. Depending upon where you live, you may be able to keep your house.
See a credit counsellor asap.

wow just when i thought my credit was bad i find out that there is someone feeling worse than me about their credit i went through some of what your going through and like you i had a child when my credit became bad but those are the sacrifices us as parents make when we choose to have children so all i have for u is prayer try doing that along with telling your husband to get up and find employment even if its not the job he wants because he has just as much of the responsibility to u and his child to make sure he helps as much as he cans even if u have to give up your house and settle for an apartment its called starting from the bottom and working your way back up but u need to decide if your going to do it together with your husband or with out him we all make decisions in our lives that may have a big impact on our future but thats life you sometimes have to fall down to pick yourself back up again at least u had a chance to fall I have never had the chance to own a home but i am now cleaning up my credit and hopefully i will be able to own a home one day soon and one lesson i will teach my child to never let yourself go in to debt live with in your means

Even with twenty years of good payment history...your credit score is most heavily influenced by the past 24 months....

There are many predatory lenders just waiting to take advantage of home owners in bad financial shape....Many of these are actually out to foreclose and take your house...so watch out!

Your case may justify filing for Chapter 7 bankruptcy. If you are close to loosing your house because of debt....this is especially true. Most bankruptcy attorneys have a free consultation...so it won't hurt to get advise.

Note: Some people like to slam anyone who files for bankruptcy. While this would be an unfortunate road to take....sometimes it's necessary. Do what is best for you and your family. Don't let anyone try to shame you for making this decision if you feel that it is in your best interest. Corporate America uses bankruptcy all the time without being slammed....

What you need to do is to sell the house and use the money to pay off the bank, the creditors, etc., before the lien is applied.

The Chapter 7 bankruptcy is applicable if you have no regular sources of income. It works by reducing or clearing off all your debts. You can then make a fresh start without having to worry about having to pay your debts.

Once you file for Chapter 7 bankruptcy, the bankruptcy court assigns a trustee who works as an intermediary between you and the debtors. He oversees everything and checks out if the bankruptcy plan is going as planned.
http://get-out-of-the-debt-trap.com/cate...

Hello Everybody,

I am James William, a U.K resident and a second year student of university of liver pool. Just a months ago i walked into the hands of some dubrious person(scams), when i was in search of a loan of 鈧?4,500 Pounds to enable me fund my education since i lost my parents in a gharsly auto accident while they were away on vacation. the scamers parted with my 鈧?540 Pounds, which i managed to gather from friends and families to enable me takr care of my bills for lart two months. I decided to tell Betsey.A.Braiaton who communicated the story to Adrew Fulp who happens to be my Vic president for academic services and has got link with various notable lending firm accross the globe. By this means using it to bring a globarlizetion to the world, many student and business men having finacial problems have been able to complete their education to bring a globar happiness around the world .
My happiness now is that i have not only gotten the loan(鈧?15,000 Pounds) to pay my tuition them Harvey Loan Inc, piloted by Mr, Patrick Harvey, i have also been able to establish a chaned to allow me collect money at very low competative interest rate.
since they have assured me thet i can come for more funds as long i am a genuine person for requesting it and that there is a possibility of repayment at the stopulated time.i have never ever seen this kind of wonder in my life and i decided i will tell it to the whole wild world and i need every one to thank GOD for Mr Patrick Harvey, the man GOD used to rescue me even when all hope had been lost and gone and i will say to every one, no matter how dark and sinful the world is today, there are still GOD fearing and reliable people on earth and if you are in need or require a loan legitimately and Government approve lenders, i will advice you contact this loan lender and you can reach him via patrickharvey12@yahoo.com and i want you all to pray for this man for me and you will also tell the world your own story.