Re: question on an old John Behle post

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Posted by Carol on May 16, 2004 at 10:40:29:

In Reply to: question on an old John Behle post posted by Bob on April 08, 2004 at 08:44:14:

I'm not John, and am not elaborating on the whole question, but only your last part.

If the payor is behind, they will possibly have accumulated a 'huge' sum which they cannot pay, but could now resume regular payment of a sum superior to the one that previously went in arrears.

An obvious example of this could be the result of an illness or due to a (successful) job change which may have created short term 'cash low challenge'.

Increase the monthly payments, restructure to tack the arrearage on the end of the note ... find a solution that makes for a win/win.

To quote someone else: hard on the problem, soft on the people.

Regards,
Carol

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