Monday, December 7, 2015

Accelerated Loan day - dodging the foreclosure bullet (or the day the VA indicated it will not allow Wells Fargo to set a foreclosure date)

What an incredible day.

We received a call from Congressman Randy Hultgren's office this afternoon. They are going to contact Social Security this afternoon to see if they can push the SSDI approval process forward (I just forwarded a signed Privacy Authorization to them).
The Allsup and Associates "Veterans Rep" indicates that both Travis and Penny are now listed in the VA system as "dependents". However, it could still take weeks for an award letter and/or benefits to be generated.
Another wrinkle...... apparently - Travis (despite being on SSDI already) might be eligible for SSDI under my earnings record (even though he presently receives SSDI on his own at the moment)..... and I was never told this until today (and it was another person getting benefits who gave me the heads up). This means, the benefit will be half of what I will be getting from SSA (one literally needs a scorecard / Phd to keep track of all of this it seems.... and since I used to handle long term disability claims that reduce by any Social Security Benefit - so I really should have already known - but changes constantly happen to how Social Security works and the last large change was in 1998 - after I stopped handling LTD claims for Metlife and had started doing Information Technology full time). So that should increase the dependent amount by $230 per month. However, we can't "apply" for it until I receive my SSDI approval letter (why one is not allowed to apply for it prior to an award is truly baffling - so I have asked Congressman Hultgren's office to also check into that also).
So, the combination of benefits eventually should "qualify" us for that mortgage modification.... if we ever are able to get a written benefit decision in time from the SOcial Security Administration (SSA) and / or the Veterans Administration (VA).
So everyone, this is a cautionary tale. Even though we asked if we had anything else we should fill out when applying for benefits, we were not properly informed of what we should apply for additionally considering our situation - so if you have a disabled child, DEFINITELY apply when you are applying for yourself. You never know if one qualifies, but at least... get it in writing. I am hoping others in the same situation learn from our experiences, which is why I am posting all of this info when it happens to us.
In the interim, I put in a call in to Wells Fargo asking for one final extension that will take into account the upcoming benefits instead of making a decision today regarding a "loan acceleration" (so it is in their hands). I know that with God's grace, the right thing would happen. As everyone knows, tt has taken 3 years to get to this point. Our situation is now at a loggerhead, and it will take yet another miracle to come out of this unscathed. As already shown in this blog, God is full of miracles regarding us and I am sure this is no different. The following describes the miracle we received today (a few minutes ago):
I just got off the phone with Wells Fargo. The loan has not accelerated today, but apparently that doesn't mean it won't tomorrow or the next day. The "Customer Care rep" at the "Office of the President" at Wells Fargo indicated that according to the VA housing rep - the VA will not allow the loan to go into foreclosure based on the fact that I have proven to them I have been approved for SSDI and Veterans Disability Benefits (and have shown we are trying to do everything we can to stay in the home) . So, even if the loan does "accelerate" - that Wells Fargo will not be assigning a "sale date" if foreclosure is started - and he assured me that even if the foreclosure process does start soon, that once we do receive SSDI and VA Dependent Benefits - that Wells Fargo WILL reopen the loan modification process no matter the loan status at that time - and will follow through with paperwork to finish the modification process (this is the first time I have heard Wells Fargo acknowledge that the VA has stopped any possible loss of the home as long as my benefits start within the next 45 days).
Whew....... another of God's miracles.
So now, I'll be going to Social Security tomorrow to start the dependent claim process (we won't take "No" for an answer).... and we will be checking daily on both SSA.GOV and the VA ebenefits website to see if any benefit has been marked as "Approved" and that benefits will start also (so I can get that to Wells Fargo as soon as I see the info on either website).
You are the God who performs miracles; you display your power among the peoples. - Psalm 77:14
“With man this is impossible, but with God all things are possible” - Matthew 19:26

And today is my mother's birthday (she would have been 75 years old today had she lived past 2009 and hadn't passed away from Pancreatic Cancer). I definitely feel like she is our familial "Guardian Angel" - she loved our home and I am positive is trying to help us stay in it. We miss her terribly. The first picture is her (taking a picture with me) right after we came from Norway to America. The 2nd picture is of her at our Hampshire home about 5 years before she passed away. She was about the most loyal and loving parent I know, we didn't deserve her but were honored God chose her to be our Mother, and there isn't a day I take for granted given her having provided every fiber of her being to her children's lives. She left us too soon, and I am looking forward to seeing her again when I eventually pass.

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