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Senate Fails To Fix Bankruptcy Code Provision Regarding Home Mortgages
I just received this email from the President of the National Association of Consumer Bankruptcy Attorneys. Although modification of home mortgages in Chapter 13 is still prohibited, those who need an extra 3 to 5 years to reinstate their mortgage (catch up on arrears) with monthly payments should still consider Chapter 13 as a very […]
Senate Fails To Fix Bankruptcy Code Provision Regarding Home Mortgages
/in Foreclosure & Loan Mod Blog /by Scott LaninI just received this email from the President of the National Association of Consumer Bankruptcy Attorneys. Although modification of home mortgages in Chapter 13 is still prohibited, those who need an extra 3 to 5 years to reinstate their mortgage (catch up on arrears) with monthly payments should still consider Chapter 13 as a very […]
Foreclosure and Chapter 13 Bankruptcy – The Price Of Waiting Until It’s Too Late
/in Foreclosure & Loan Mod Blog /by Scott LaninYesterday, a nice client was supposed to come in and meet with me. He had contacted me over one year ago for help in trying to refinance his home in the Bronx. At that point, he didn’t qualify for financing and mortgage brokers were unable to help him. We discussed his other alternatives and I […]