My wife lost her job 1yr ago and they were starting foreclosure process on our house. She Got another job shortly after. Everything was fine until 3 weeks ago. She got real sick and she was out and then they fired her 4 days ago. They did not pay her anything. Mortgage payment was due today. We don’t live there anymore and are staying with friends in another state. Is their anyway we can avoid foreclosure at all? Or will foreclosure be a good thing? I have no idea what to do. Until she gets better and finds a job, my teacher salary cant cover the payment. We have 3 kids and have had our house on the market for for 1 and 1/2 years….in Atlanta area. My credit is already shot…how will this affect it?

My lender, Wells Fargo Home Mortgage, has bumbled and fumbled with my situation for over 4 months. I send faxes with paycheck stubs, personal financial information, etc. ….twice they “lost” everything, repeatedly transfer me from department to department, and I am still attempting to set up a repayment plan with them.
They have refused any payment I have tried to make at this point, saying it would be simply not be accepted and sent back. I’m pretty sure all of this is intentional as my home has tripled in value since I bought it 5 years ago…they’d love to have it.
Additionally they have more than doubled what I owe them in fees and they keep adding.
If I secure an attorney to settle a repayment, how does that work?
Obviously I’m not in good enough financial shape to pay an attorney above and beyond the amount extra I owe my lender and I do want to stay in my house.

my wife lost her job and we barely making the payments on all my bills especially my mortgage its only five years old no equity yet

Your question makes no sense.
Your lenders lawyer represents the lender, not you.

Here is the scenario and actual facts. Right now in this country, we are experiencing an unprecedented number of home foreclosures! What I’m talking about here is; from the day the new homeowners occupy their home, what should they be doing or NOT doing in order to AVOID going into foreclosure? If you have been a successful homeowner for a good length of time, what have YOU been doing to make sure that you will always meet your obligation to the bank or mortgage company?