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House Foreclosure - 401k Being Held Hostage
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<blockquote data-quote="Dutch Dawg" data-source="post: 99984" data-attributes="member: 4843"><p>Lawyer? If a man doesn't have the cash to make a house payment, it seems unlikely he'd have the money to retain a lawyer. If you've ever dealt with an attorney, I'm surprised you'd think one would work pro bono or on a promise of payment in a case such as this.</p><p> </p><p>Dump the house and start over? Oh my... What if he has a $250k home with $170k in equity built up? Would you still make the suggestion to allow foreclosure, not knowing what got a person in this circumstance to begin with?</p><p> </p><p>Have you ask for any help from the union hall to expedite this process?</p><p> </p><p>Keep dogging the 401k administrators.</p><p> </p><p>Good Luck</p></blockquote><p></p>
[QUOTE="Dutch Dawg, post: 99984, member: 4843"] Lawyer? If a man doesn't have the cash to make a house payment, it seems unlikely he'd have the money to retain a lawyer. If you've ever dealt with an attorney, I'm surprised you'd think one would work pro bono or on a promise of payment in a case such as this. Dump the house and start over? Oh my... What if he has a $250k home with $170k in equity built up? Would you still make the suggestion to allow foreclosure, not knowing what got a person in this circumstance to begin with? Have you ask for any help from the union hall to expedite this process? Keep dogging the 401k administrators. Good Luck [/QUOTE]
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