It is a relief to know I'm not trying to take on something completely crazy.

And as part of the "whole "foreclosure rescue" thing, was the Federal Trade Commission 16 CFR Part 322 - Mortgage Assistance Relief Services also "outlawed"?

I have a friend who is in need of debt relief on a condo she has.

(Big sigh of relief!)

Judgment states:BAN ON SECURED AND UNSECURED DEBT RELIEF PRODUCTS AND SERVICES PROHIBITION AGAINST MISREPRESENTATIONS RELATING TO FINANCIAL PRODUCTS AND SERVICES PROHIBITION AGAINST MISREPRESENTATIONS RELATING TO ANY PRODUCTS OR SERVICES MONETARY JUDGMENT AND PARTIAL SUSPENSION

We certainly have not gotten completely on top of defaults and even in short timeline foreclosure states you can have a loan sit around for a variety of reasons attempting to reinstate or contemplate relief that finally goes south.We could mark all of this is as "bad" servicing and administration over the loans.  

Everyone,Thanks for the advice and suggestions, insurance is one of those things everyone hates but you have to have it and you feel its a waste of money until something happens and then its a relief.

The taxation relief for empty spaces in Canada is wonderful for investors, not so here in Texas.

We snaked it to get some temporary relief and it works for now, but eventually we are going to have to shell out $5k to have the line replaced, it's damaged by a tree root.

If they aren't going to start paying on it and get it current, the lender will move for relief and based on the numbers the OP stated, will get relief and continue with the foreclosure so, why spend $2M filing BK and further destroy credit, to stall a foreclosure for 60 days that's gonna happen anyway.