My son was killed in a car accident. He had no life insurance. Only PMI on mortgage. Lender is trying to foreclose on his wife who has a 5 month old baby. What can she do if anything to save her home?
I thank everyone for their help. Some answers were hard to read because they mention that my son was irresponsible having no life insurance. I wanted to add that my son had just started his own business, insurance was ordered, the paperwork for his signature arrived 3 days after his death. His wife tried to get a job but child care cost more than she could make. I live in a different state and cannot help with that. I gave them every penny I had to get the business started. There is no money left. The business has no money to give back since it was all put into start up costs. Some supplies are left and will be sold but it won't make enough to carry her through. She has decided to put the house up for sale and move in with her mother for now. It was a single car accident at 12 midnight, he fell asleep at the wheel on his way home after being out working since 5 am. Thank you all for your responses and your kind words.
Orignal From: My son died, no life insurance. Lender trying to foreclose on wife?
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