My installment loan for mobile home is in default, what do I have to do?

Question by nhop02: My installment loan for mobile home is in default, what do I have to do?
I got a letter in the mail saying that my installment loan for our mobile home is in default, what do I need to do? can i make up the payment? i am a month and half behind I guess. My husband didn’t make a payment.
That’s all I have to do is bring the loan payments current? and they will stop the default?

Best answer:

Answer by Squirt
Bring your payment current. Mortgage co. would rather work with you than spend time and money in a default situation. It will ruin your credit if you default. Maybe the loan payment wasn’t credited to the right acct. If your husband did pay, check your canceled checks and bring a copy to the co. Women need to know what goes on in their finances so maybe it’s a good idea for the 2 of you to pay bills together.

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