[Mizzy Hunt]

...foreclosure? My boyfriend is four years into a divorce right now and he just received a notice of default last month on his house. In the back of my mind, I knew this was going to happen. He's paying spousal and child support, on top of issuing payments to his ex-wife to buy her out of her half of the house. He doesn't like to talk about the divorce but I do know that she signed the deed over to him in March. There was an assignment of deed of trust/mortgage in early June from him to a US Bank, and he received a notice of default at that time as well. His mother told me that he was behind $33,000 as of June. The house was bought at about $533,000 and has currently depreciated to $489,000. Will he and his ex-wife get any money out of this? Will he be compensated in any way so that he can purchase property somewhere else? How does this foreclosure thing work? I'm so worried for him right now and I feel like I can't do anything to help him.