by Debtslave » Tue Feb 09, 2010 08:04:16 AM
Hi Millie
""Do you think you'll be able to afford more going forward?"
What do you mean "going forward" ?
Do you mean, keep making the mortgage payments ??
If so,, what choice do I have ??
It's either pay the mortgage,, or pay rent somewhere and own Nothing...
I've been self employed since I was 18,, I'm unskilled in the general work force, however Highly skilled in my line of work, and in the Top 3 Globally in my field. There is no one in Canada that does what I do, and only 3-4 others in the same field of the same caliber in the US..
So basically what I'm saying is that if I loose the house, I also loose my Only source of income, and no way to replace it...
""If your credit is decent and you have a lot of equity in the home get a HELOC and use that to bring the mortgage current. This will buy you time.""
My credit isn't in great shape right now...
I have about $100-165,000 in Equity in the house.. The mortgage is around $35,000,, which Basically amounts to a new car loan...
I just basically picked my business back up as I was doing barely any work for four years because of the care my father needed.. I basically baby sat him as he had dementia towards the end and couldn't be left for more than 15-20 mins at a time..
I simply need some breathing room to get back on my feet...
I would consider taking a part time job if I could find something I could do,, however then again,, this takes away time from my business,, which is what I Desperately need to concentrate on...
Are there Homsesteaders Rights in Ontario ??
Cane I get an Injunction to Stop this ??
Thanks guys,, and I apologize for the Whining,, I'm just Extremely frustrated and Afraid...
DebtSlave