Question: Our adult son is in serious debt. His beloved house is in jeopardy of foreclosure. Business associates and a disgruntled customer have sued him. He lives paycheck to paycheck. All his income went to defense attorneys.
In the meantime, he failed to make mortgage payments. Last week, a Notice of Trustee’s Sale was nailed to his front door.
We are not able to help our son financially. A family friend suggested bankruptcy. That might take time — time that he does not have before the sale date.