I have sub-prime, hi-rate mortgage, made payments on time for 1 1/2 years. What will the bail-out do for me?

September 3rd, 2009 | by admin |
EMPac99 asked:


I hava a credit card garnishing my wages, but by so doing, they are getting paid. I don’t blame anyone else for my credit problems, but I want to know if I am going to get some relief, or if I’m going to have to pay my bad debt, and some other bum’s as well. Does anyone know?

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    1. No Responses to “I have sub-prime, hi-rate mortgage, made payments on time for 1 1/2 years. What will the bail-out do for me?”

    2. By nedree@verizon.net on Sep 3, 2009 | Reply

      nothing will change.pay or sell if you cant afford to keep it.NEVER NEVER buy what you cant afford.

    3. By emucompboy on Sep 6, 2009 | Reply

      The bank or other financial institutions that would otherwise have to continue paying your mortgage will have to continue paying your mortgage it means that you pay are going to prop up banks and financial institution.
      The bank or other financial institutions that you will have failed sorry.

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