Quote:
Originally Posted by LolaCabanna
OMG.... I am about to implode. The buyer wants an extension, the lender wants another month to close and we are already both moved out and in need of our funds. I am about to lose it. W is at the house too and I can't help but get angry and want to take it out on her, because she pushed the sale of the house and now look at the mess I am in. Financial ruin is in my near future. I emailed the lender both agents and underwriting and said If they need more time I need a date or I will NOT extend the contract ( they have had 7 weeks to close ) and Ill put it back on the market. Of course Ill file bankruptcy then as I cant afford to pay all my bills and my new place and the old place.... I have no one to talk to about this either.
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It's a blasted nuisance and a serious pain.
You are quite right to ask for a date. You can then go to your creditors and give them a date.
I hope you will be able to avoid bankruptcy. You are not actually short of money, you just can't get your hands on it. Either the buyer will stump up or you'll get your old house back (and keep the deposit, too, yes?). You're illiquid, not insolvent.
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