Reply #4: I thought she was right on. It's exactly what my daughter is going through. [View All]

[snappyturtle]

It's a long story but my daughter has been taken by the sleeze out there in the banking world. First time buyer, awful loan terms....set up to fail. She works two jobs everyday but Sunday. Recently, after three years of hell she has decided she needs one day a week off. People who say they will help have taken her money (thousands) and run. Yesterday she calmly decided she'll file bankruptcy...she seemed relieved. So much for her college degree....at least it was paid for in full. What little we could offer her would be of little help since we're hanging on by a thread. It seems to me that there are a lot of scams going on and that lady from St. Pete was telling it right.

edit: I should have said she has tried and still trying to work on her loan with her 'bank', EMC Mortgage. Her loan was sold, bundled, whatever, and now she tries to work with people who are beligerant,demeaning,and almost impossible to get a hold of, etc.