{"id":271,"date":"2022-09-04T14:42:50","date_gmt":"2022-09-04T14:42:50","guid":{"rendered":"https:\/\/iamfacingforeclosure.com\/2022\/09\/04\/i-am-facing-foreclosure-com-negotiating-cashcall-credit-cards-and-other-lenders\/"},"modified":"2022-09-04T18:42:27","modified_gmt":"2022-09-04T18:42:27","slug":"negotiating-cashcall-credit-cards-and-other-lenders","status":"publish","type":"post","link":"https:\/\/iamfacingforeclosure.com\/negotiating-cashcall-credit-cards-and-other-lenders\/","title":{"rendered":"Negotiating CashCall, Credit Cards and Other Lenders?"},"content":{"rendered":"
\n

Below is the transcript from my CashCall call<\/a> – one of my unsecured lenders. It’s roughly a $10,000 loan which was taken out about a year ago to pay for Burdett property<\/a> repairs.<\/p>\n

Also, if you look at my financial statement spreadsheet<\/a> you will see I have $175,000 of unsecured debt (lines of credit, credit cards, private loans, etc) which will take at least $10,000 to bring current. And then the minimum payments with current interest rates will be over $3,000 per month. <\/p>\n

I believe a couple of the accounts have gone to collections now. Keep in mind the spreadsheet hasn’t been updated in a couple of months so the unsecured debt numbers and amount to bring current are higher now.<\/p>\n

Most of the money was used for property repairs, related travel, utilities, floating mortgage payments and some living expenses. I don’t know exactly how much went where yet. We have all the receipts though and are still organizing the books for 2006. <\/p>\n

Here are some questions for the community. Reply in comments: <\/p>\n