Nonetheless, today was our deadline to contact Chase Home Finance to discuss the loan modification requirements.
We contacted our assigned representative, Eric, at Chase Home Finance in the "Loan Modification" department. We both shared the long and painful story of our property; the diminished value, flood characteristics, fraud, Default Judgment, delays, failure to collect on our jury verdict and pending litigation against sellers' Realtors.
For the first time, it seemed as though someone from Chase was willing to listen to our situation with a human heart of compassion. He offered some suggestions and has agreed to assist us in an attempt to obtain a forbearance.
However, at the same time, our conversation was bittersweet as Eric dropped the "F-bomb"; informing us that the house was already entering foreclosure process and has been scheduled for foreclosure sale on June 7th, 2011. He went on to tell us that Texas is one of the states that has an expedited foreclosure statute, the process taking approximately sixty days.
Trial delays. New counsel coming on board for defendants. Foreclosure sale scheduled.
What option do we have but to trust God for a miracle? We truly have learned what it means to live day to day. We can barely drum up the energy to get through today, let alone fret over tomorrow.
The foreclosure sale is scheduled on June 7th, merely two months away, and only four days after our five year wedding anniversary. We've been involved in this litigation for more than half of our marriage at this point.
Our first wedding anniversary in our dream home involved the installation of a natural gas well a few hundred feet from our bedroom, flash flooding and the disclosure of our property being located in a Special Flood Hazard Zone, with our house setting on a designated drainage easement.
Around the time of our second anniversary, we were involved with the onslaught of legal issues and discovery preparation for our case. We also would receive a call regarding the unexpected death of Mike's father the day after Father's Day.
Our third anniversary was spent dealing with the repercussions of the loss of our business and income, a business Mike had successfully run for over twenty five years. We also were dealing with the simultaneous disappointment of the defense attorneys delay tactics which pushed our June trial date to September; and the consequences of that delay being the surrendering of our horses to a rescue.
