My house was destroyed by hurricane katrina, we lost everything. My mortgage co let us hold off on payments for 15 months, now they are demanding a payment for 16,000.00 that they are calling overdue in 30 days or they may start foreclouser procedings.

I tried to explain that i don't have that amount of money to pay them, so mrs taylor said she will see about adding the overdue amt back into the loan, but our notes will go up. my mortgge payment is 1100.00 a month. i can not afford to pay a higher note due to we lost our jobs and i am makeing alot less money now. i asked mrs taylor to hold off until i find out from the LRA what my options are and if they will help with my mortgage, i explained to her that LRA may offer to pay on loan and ask them to accept less a pay off since the house and property are not worth what it was before the hurricane. mrs taylor said if LRA would call that the answer to the pay off would be no.

I do not know what to do or where to turn.

This company is the worst! they claim you are 90 days or more late and force you to make a repaymentplan then you leran you were only 30 or 60 days late and then you are stuck paying this. I have faught with this company about not reporting properly to the credit beuru;s and then file diputes and they still lie about it.so you look like an idiot whenyou file the dispute. when you try to refinance with a better company you can't because they have sucked you in!!!! When I can I WILL REFINANCE WITH A BETTER COMPANY!!