Do I have a lawsuit - Employer laid me off after verifying employment with lender?

Heres the skinny, my employer needed to bid on a contract for our companies continued livelehood - this was never mentioned to me during the previous 10 months of employment - so me and the hubby bought a house on 8/31 she knew on 8/16 we were going to be jobless - she verified "continued employment" on 8/24 - we closed on 9/7 on 9/14 she laid me off - Mind you we had at least 2 sit-downs concerning what she termed as "house mania" - she also sat across from me and congratualted me on 8/22 in front of the entire company - My issue she knew about the purchase and knew in enough time for me to stop it, had she simply said something now I am deep in debt and scared of loosing my home -as I moved to ground zero for forclosures and there appears to be a shortage of jobs/cash around these parts. Do I have any recourse????

Ok I asked for your answers - I however did not ask for your take on my financial issues - affording the house is/was not the issue - we are swining the aggreed upon amount plus an addtional 500 per month in additional principal by the way we are very RESPONSIBLE BORROWERS> nor is getting rid of my debt - it was the loss of employment and the Future I am worried about - say 2 years from now, in this economy my additional sourses of income may dry up and yes I had two sit downs with this woman and weather or not our business was sound was brought up and I was assured it was as was my place there.

Only an attorney qualified to practice law in your state can answer this question. When the employer verified "continued employment" it would seem she was being dishonest if she knew of your pending layoff.

Sorry, but no.

In "employment at will" states an employer can fire you for any reason and for no reason at all just as you can walk out on your job for any reason or for no reason at all. The fact that you were employed on 8/24 did not guarantee that you would be employed on 8/25.

I wish you the best.

no, this went down just the s&l crash happened with father bush part 1 and now the same thing has happened with bush part 2. it is a classical approach to fleeching the working class. the property goes back to the mortgage banking system and they wait for the next upswing. that may be a long time. just read about these things called bubbles that go way back. predictable pattern. the system at work. you can only try to save your credit rating. see an expert. they will just go out of business. nobody to sue.

She MAY have been dishonest but that does NOT change anything in terms of your obligation. This is YOUR debt and has nothing to do with the boss. Blaming someone else will not help you. Try to focus on what you can do to save your home and rest your fears. Ask God for help here.

you should go and try talking to a lawyer and see.
jobs can be terminater by either party at any time.
your boss knowing you were going to buy a house isn't work related, so she didnt fired you cause you were buying a house.
her verifying your continued employement with the lender on 8/24. you were still employed by them.

good luck with your new house.

I think this is why ther are so many foreclosures in the first place - people taking mortgages they can't afford becasue they didn't even understand their won circumstances.

if you were depending on your continued employement, did you ever sot to ask your employer what the state of that employment would likely be?

that is the magic question that will get any lawsuit you file dismissed - take responsibility, either enjoy the house, sell the house or agree to the terms of the contract you willingly signed.