At first I felt bad for him when he was saying this in court. That maybe the bank had scammed them to force a foreclosure.
Then I realized that if that were true, he should still have 3 months worth of payments in the bank. That didn't seem to be the case if they were making such a big deal about having $250 and didn't have enough money to get another apartment. So obviously they were still negligent on their payments.
I Googled some stuff... To avoid foreclosure people apply for a loan modification thru their mortgage company and sometimes to be eligible u have to be behind on ur payments. So they're told to stop making payments. And yes in theory he should have his 3 months in his pocket but when u have other bills and such, u pay on those too so he probably spent it all.
shareThis is true, I had to do this back in 2009. The bank had us miss payments to basically show a hardship and then they modified the loan to make it more affordable. This was very common during the housing crisis.
shareplus the construction firm he worked for went bust during that time and didn't pay him for one and half...can't remember if they said weeks or months.....
so without expected income during this period and with other bills to pay, it stands to reason the 3 months worth of payment wouldn't be saved