Posted on: 23rd Aug, 2010 09:09 pm
Between the payments to the court and the rise in the amount of monthly mortgage we are unable to make these payments and continue our monthly obligations. We received an offer for loan modification from the lender we
had previously refinanced with. Any Suggestions ????
Need Answers ASAP Thank you!!!!!!!!!
had previously refinanced with. Any Suggestions ????
Need Answers ASAP Thank you!!!!!!!!!
Hi deege1960
Welcome to mortgagefit,
If the mortgage is currently added in the BK then I won't think you will face any absurd situation if you go for loan modification.Rather if in future some legal issue comes out you can show court regarding the documents pertaining to the offer made by the lender fo loan modification.
But still i will advice you to consult an attorney if required for the further clarification.
DIPA
Welcome to mortgagefit,
If the mortgage is currently added in the BK then I won't think you will face any absurd situation if you go for loan modification.Rather if in future some legal issue comes out you can show court regarding the documents pertaining to the offer made by the lender fo loan modification.
But still i will advice you to consult an attorney if required for the further clarification.
DIPA