Is deed in lieu of foreclosure my only way out
I was going through nasty divorced when asked by friend if I could help out his house
Was being foreclosed on.Agent for bank contacted me who I knew I told him I did not
Want to do this. He invited me to restaurant where after few drinks I was handed papers
To sign.I told him I did not want to do this,having drank I signed papers. Two weeks later
I was contacted again I told him no he said since I signed the papers I would be resposible
For all kinds of costs. Also unknow to me he made my salary almost triple.Little did I know
Lawyer for closing was involved in this scam. Person living in house has not paid mortgage
Payments.bank wants to foreclse. I live in my house alone I am on the mortgage by myself but both parents on deed with me. I am afraid if house is auctioned loan amount might
Not be covered and they can come after my house.I called lawyer who closed and she
Told me I knew what I was doing. Is deed in lieu of foreclosure my only option