Bankruptcy versus Credit Counseling versus Suicide

So what do you do? Your home has lost 1/4 of its value, your income has been cut in half, gas prices, food prices, kids, camps, costs all leading to the additonal costs of family counseling, personal counseling, visits to the doctor for Ambien, Valium and Alazopram. Wash all those down with a stiff cocktail and in the morning, should you be able to sleep, the bill still haven't been paid; They're going late. The calls begin; Random 800 numbers and Unavailable caller IDs. When all else fails, Don't do any more Ping-Ponging. Don't borrow from direct relatives, don't draft more cash from accounts. Do EVERYTHING to keep the mortgage payments current and give me a call. You may be polishing brass on the Titanic, but you may stay afloat a while longer. I'm and advisor, I've been there. I'm here to help. Pat Townsley, State Licensed Broker. Cal Mortgage Advisors, Inc. 415-485-1776. http://www.ptre.net/. "Just keep Swimming" Dory.

A Fist Full of Dollars: Tighten up!

Money 101 with Pink Floyd: "Get a good job with good pay and you're okay. Money, it's a gas. Grab that cash with both hands and make a stash."

Unfortunately for many, Money has slipped through our fists: In the past year, we've lost 20% in equity from our 90% leveraged position, putting us 10% "upside down?" There are only two solutions: Fight or Flight. Is your house a home, and is your home worth fighting for?...or do you just walk away from it all? File Chapter 7, Chapter 13, File for the Homestead Act, sell it "Short" or just get foreclosed on? It's not just a home, it's where your family is growing up, it's a water park and playground in the summer, it's a haunted house in October, it's where you store your stuff, it's your American Dream. It's your identity, your ego, your place in the community. But now, Today, It's keeping you up at night and if you can sleep, it's become your panic attacks and source of night terrors. Let's find the solution. Pat Townsley, Mortgage Advisor. 415-485-1776. www.ptre.net