[KELLY]

when self employed - income to expense ratio high!!!? My parents are facing a foreclosure. They were notified that the process will be starting this month. My mother does not work and is on disability for medical problems. My father is a self employed truck driver who owns his own big truck. He has always made enough for them to be comfortable and to pay their $2200 monthly mortgage payment, along with other monthly bills and business expenses. This year has slowed down quite considerably and he is working about 50% of the time. He is having to take more out of state jobs versus the local ones that he was getting previously. Out of state jobs have more expenses such as fuel, food, etc. When my mother called to discuss possible loan modification, the bank told her they have too much income to qualify. My father is working his butt off and sometimes after his truck maintenance and repair expenses, is coming out in the negative! They have completely gone through their nice-sized savings accounts trying to make ends meet. Do banks consider business expenses when looking at income, or is income all that is considered? I hate to see them lose their home. They saved money my whole childhood to buy it and finally 14 years ago were able to buy it, and they wanted to live there until their old age...Thanks for any suggestions anyone can give!