okay i am an idiot i need financial advice?

Question

some one very dear to me cashed some of my checks now heres the problem i had wrote several of the checks but they were supposed to be thrown away but now i have found out they were cashed.i am in a mess and theres really nothing i can do but pay them off okay heres the question i own a mobile home i have the title but its not in my name without going into great detail its going to be hard to get the title in my name but i have a bill of sale and a receipt where i paid the taxes now can i go to a loan co (i have horrible credit and i draw a dissability check) and use this as colateral???i live in ga any advice would help please no smart remarks i feel bad enough as it is

Answer 1

1.) If the title to your trailer is not in your name then it is not legally yours. Period. Same for cars.

2.) Never write a check that you do not intend to be cashed immediately.

3.) Unless those checks were made payable to your "dear one" or to cash, then they were cashed fraudulently. You should meet with your bank, explain the circumstances, and be prepared to file criminal charges against your "dear one".

4.) You need better "dear ones".

Answer 2

If you want to borrow against your mobile home, you're probably going to need to show the title in your name. You may be able to get some credit, but be careful about the high interest rates that you may incur. Try calling one of the non-profit agencies to help people manage their debt. Be careful and read the fine print on any loan papers. You could end up losing everything if you don't make the payments. Call a credit counselor for help.

Answer 3

You do need to report it to the police. That was WRONG, what type of close dear person would do that?
They may have done that to someone else too, they need to learn it was wrong.
Get the title fixed in your name, if you are not living in the trailer you may want to sell it.
Otherwise see if you can get a small loan to fix what the bank may write off after the report is finalized and you pursue with charges. If you are not willing to pursue with charges then, sorry Dear you will have to pay for those fraudulent activities.
Good Luck

Answer 4

The best thing to do, in my opinion, would be go to the bank the checks were drawn from and talk honestly with a bank officer about what happened.

Maybe they can work something out for you. The bank officer may be able to give you better advice than the ordinary person on whether you should use your home equity, and how to clear the title on it.

They certainly should be motivated to help you, because the overdraft is their loss as well as yours.

Answer 5

You are screwed.

The checks are valid since you did write them in the first place (and signed them).

Since the title is not in your name, you cannot use the trailer as collateral.

Since you are overdrawn, call your bank and see what they can do for you. Some banks will actually help you, even in a situation like this (fraud and bad credit).

Good luck, Sweetie.

Answer 6

Well, if the checked were fraudulently cashed you are NOT liable to pay them. You need to notify to bank and the police.

If you have bad credit, dont get a loan... you will only get screwed.

You mobile home is not worth anything... unfortunately, mobile homes lose value fast... unless the land is worth a lot.

If I were in your shoes, I would notify the bank and police that someone stole from you. You should not have to pay for something you did not do.

Answer 7

You cannot use a disability check as collateral. Or a mobile home that you do not own on paper.. Go to a company that gaurantees loans for a higher interest rate!

Answer 8

You should join the military because all those problems will go away

Answer 9

1. destroy your credit card ....
2. get a job
3.dunno