Mortgage and Insurance

I have an account with HFC I owe $6,000.00. It is my account and I do owe the money. I got behind on my payments. I contacted HFC in March to work out some kind of payment arrangements and explained to them I was having problems. I was asked to send over copies of my pay stub and bills which I did.  After about 2 weeks I called HFC to check the status of the request and they denied letting me  set up alternative payments. I did make payments but the payments were not the payments HFC wanted.

I joined a DMP in May and started making payments to the DMP in June. HFC was sent $100.00 in June and $100 again at the end of July. The DMP program sent a proposal to HFC. HFC never replied to the proposal request. HFC has since sent my account to a law firm. I recieved a letter Aug. 5th. I have not replied in writing back to the law firm. The law firm did tell my DMP program to send over a proposal and they did and again the proposal was denied. They want me to pick one of three options. 1. pay in full. 2. put down half and make payments of $150. 3. Deposit $300 and make payments of $275.00. I do not have the money to pay in full and I do not have the money to put a deposit down. The only thing I can afford to pay is $100 a month. I have gotten a roommate and I use her rent money to pay the DMP program.  I am trying to make a good faith effort to pay the account.

 

Do you have any ideas of what I can do to have HFC work with me?

 If this goes to court will I have a better chance of being able to make $100 a month payments?

My DMP program told me sometimes the creditor tries to get as much as possible but if I make payments sometimes they will accept the payments and not take the case to court.

The law office told me they can only offer those three options they are bound by HFC’s rules.

Thanks for your help

 

• mortgage lawyer that works with hfc