Have foreclosure pending immediately (not because we weren’t paying on time)The bank wants us to refinance ASAP. Problem is the bank hasn’t accepted payment last several months, then reported those as late to credit bureaus which plummeted our score!! Ready to end it all honestly.

We purchased the house outright (Michigan) The loan is for a Heloc on the house for $35k (highest was $40k). As stated, were having an incredibly difficult time obtaining financing because the bank stopped accepting payments and then marked the payments as late with all 3 credit bureaus!! We've never missed a payment or been late before that.

This caused our scores to literally plummet so no one wants to work with us, even though we were never late on payments.(Well they did "accept" one of those payments because they are automatically taken out of one of our paychecks made to that bank. They deducted the amount from our check but then a few days later they reversed that payment). We don't have access to a cosigner.

Are they allowed to do this? We just desperately need to figure this out ASAP and have no idea what we're supposed to do at this point and we don't have hardly any time left! We've have no clue where fo go for financing whatsoever. The places we've contacted all said we have to correct that issue on our credit reports before they can help us. We're in a complete catch 22!!

We've put everything we have into this house and this would be catastrophic to us to lose it.. We would never recover. We are running out of time and don't know what to do.

The attorney had also told us that if we were unable to obtain financing that the bank would be willing to maybe let is continue the HELOC there if they could be certain that there would be no issues going forward. We had no issues doing whatever they needed, such as paying property taxes a year in advance etc.

Of course they never put this in writing and I just took their word for it. Then they waited until last minute to say no they won't do that. I'm devastated. Honestly the thoughts of ending it all occurred to me more times yesterday than I could even imagine. I've never been the kind of person to contemplate that sort of thing but I was thinking about it heavily yesterday. I still am today. If ain't don't figure this out, I honestly don't see a point anymore. It was hard enough getting here and we would lose everything.

Our other option would be to file bankruptcy immediately (as in today) online some how but I know it's a complicated process and don't even know if it's possible.

ANY guidance or answers would be incredibly helpful and we would be incredibly appreciative!!