I have no idea how to start this. It all started when my mom had a stroke in April of 2018. We are very behind on our mortgage payments and have no hope of getting out of this hole. I have decided that I will ask for help because we can not lose this house. It is supposed to be a new year but nothing new has happened.
I just found out that our mortgage on our house is in default for 3000 dollars that we do not have. The bills are all behind by more than a month and I think there are a couple of personal loans that payments are behind by months as well. At this rate, we are going to lose the house and have all the utilities turned off because of being negligent.
Then I find out that one of the credit card companies is being aggressive about missing payments and we can not handle any kind of law issues right now on top of everything.
I have not been able to get a job because I have no experience and I can’t just leave my mom to fend for herself. She can not even leave the house because of the snow.
For us to be back up to date with the bills is going to take a lot. I don’t understand how any of this works. We can not afford to have collectors after us about the loans that my mom has or for the credit cards.
Mortgage= 3000 dollars
Credit Cards= 5000 dollars
Loans= 8000 dollars
Electric= 700 dollars
Phone= 500 dollars
Internet= 500 dollars
So these are what I think will get us up to date for all of our bills and such.I want to get it caught up and to stay that way. I think that this is something that I do not understand but it is what needs to be done. I am trying really hard to not panic. But my mental state and my mom’s for that matter are encompassed by financial problems and not much else.
But you know what I have no idea if I have even made any kind of sense in this letter or if I have just talked in circles but it all really hard for me. I used to be one of those kids that knew nothing about my family’s money struggles. And now that it is just me and my mom after my dad and grandpa both passed away in 2015 and 2017, respectively; I have been trying to help out more. I have been taking care of my mom since she came back home after staying in an assisted living facility for almost 10 months.