Posted on: 16th Nov, 2010 11:21 am
2 mortgages; I went on bankruptcy, both loans on it; discharged on both.. The bank from the 1st one modified my loan, the 2nd one has a lien on the house….I owed $400,000.00 to the 1st, and $120,000.00 to 2nd., and the house is valued at $280,000.00.
How do I get my 2nd loan’s bank to hear me and get less money? When I called them, they said that they can’t talked to me. Please help.
How do I get my 2nd loan’s bank to hear me and get less money? When I called them, they said that they can’t talked to me. Please help.
Welcome nacho,
As the debt has been discharged, it is not mandatory for the lender to negotiate with you and give you a payment plan. Nevertheless, you should contact the lender and request him to give you a repayment plan so that you can pay off the dues.
As the debt has been discharged, it is not mandatory for the lender to negotiate with you and give you a payment plan. Nevertheless, you should contact the lender and request him to give you a repayment plan so that you can pay off the dues.