isthereawayout

Sorry, but no. No hard feelings, please.

Yep, legal issues are bad enough; however, I'm totally helpless here. Everything's connected in such a weird manner that it sounds like not even remotely possible. Let me just say that my mother's employer is genuinely interested in not letting her get into the trouble, because if he does, there's enough evidence for whole company, him included, to sink after her. However, either he's crazy, or he's an idiot, or he's got a plan to make everyone cannon fodder.

Did I say that he, the company owner, is also a relative of ours? You can imagine how twisted the whole situation is.

Thanks. I'm quite sure, I'm in better spot than lots of people that have to struggle for survival on daily basis.

I've always dreamed about moving to Asia, probably India (or wherever they speak English, really). Living costs should be even less than here (they're quite low where I live, to be honest) and I heard there are great opportunities for tech guys there. I just wonder if I need some kind of work visa or something like that. Indian HNers, anyone? :)

    > She could sell the house at 5% below market 
    that should make the sale go through quickly.
    > Use the proceeds to rent a very small place 
    and try very hard to get another job. 
    Cut down costs to the bone asap.

Yeah, if we manage to sell the home, we're left with about 50% of its cost which is enough to buy a smaller place in this city or rent a much better place somewhere in Asia (for example) for years. With my mother nearing her 50, I really doubt she can find any decent job (she's a financial director [I dunno what they call this position] in the biggest company in the city). However, I've been thinking that she could learn something with my help and freelance. But I'm not sure if there's any job out there in the internets that can be taught in a short timespan.

    > If your mother has been working there for 
    20 years she should be entitled to some 
    severance package.

Never happens here, unfortunately. Employees aren't protected from the employer at all.

I'm not really sure this is applicable. Banks here work differently from those in USA or EU, they won't give you a loan 90% of the time if you got a mortgage on your hands. Sounds impossible? Well, people don't trust banks and banks don't trust people.

Thanks for advice anyway.

Real estate isn't going down here; thus, strategic default is not an option, but we probably could get some decent amount of money if we can get it sold and after we pay the mortgage to the bank (probably with some extra fee?). The problem is, that it takes lots of time to sell it here.