Posted on: 09th Sep, 2010 09:53 pm
i file bankruptcy about 5 month ago but my question is if i stop paying on my equity loan will i lose my home , please reply
Welcome almagutz,
You will lose your home if you stop paying your mortgage payments on time. If you haven't included the mortgage in your bankruptcy filing, then you will have to contact your lender and apply for a loan modification which will make it affordable for you to pay off the loan.
You will lose your home if you stop paying your mortgage payments on time. If you haven't included the mortgage in your bankruptcy filing, then you will have to contact your lender and apply for a loan modification which will make it affordable for you to pay off the loan.