Hello. I have a mortgage from my previous marriage that I am doing a wrap around mortgage (owner financing basically) for someone on. This person is repeatedly late on their payments. I also have my current mortgage and can not afford to make both payments, so when she is late, my original mortgage is late. Due to this fact my Chase mortgage account shows 2x90 days late, 2x60 days late, 7x30days, status of 01/2003 120+ days past due. Foreclosure initiated 01/2003. I have scraped together every bit of money possible and have brought the account current so that foreclosure would not happen ($7500) , but now I am left with a terrible tl. I am in the process of trying to foreclose on the lady who is in the home and now have the house payment made two payments in advance so that I will not be behind on my original mortgage again. Sorry to be so long winded.....any experience or advice with Chase?????
