Posted on: 12th Feb, 2010 01:15 pm
we have filed ch 13 bankruptcy and our mortgage is adjustable rate and since the bankruptcy our payment has go up substantially can we get a loan modification after filing bankruptcy?
Welcome mickandgail,
It will be the lender's discretion whether or not he would help you with a loan modification. I would suggest you to have a word with him and check out whether or not he would be able to help you in this regard. Your payments must have been reduced when you got the repayment plan while you filed chapter 13, wasn't it?
It will be the lender's discretion whether or not he would help you with a loan modification. I would suggest you to have a word with him and check out whether or not he would be able to help you in this regard. Your payments must have been reduced when you got the repayment plan while you filed chapter 13, wasn't it?