We have not missed any other payments and all of our payments have been on time. We payed the amount of the missed payment as soon as we found out about it. We do not have the financial resources to pay all of the late fees and attorney fees that have accumulated on our account. The amount of the missed payment was only about $325. We we not even notified about the missed payment until we had about $800 in late fees and lawyer fees added to our account. Would it be better to stop making payments to our HOA and mortgage and allow them to foreclose or to file for bankruptcy? We have no plans to buy another home for at least 7 years or so.