Posted on: 27th Jul, 2009 07:03 pm
I have been in Chapter 13 for a year. I have tried to make my mortgage payment; however, I am in preforeclosure. My mortgage co, Wells Fargo Financial received a relief of stay. I must pay $41,000 to bring my account current. My mortgage payment was $2,080 and is now $1,700. I am assumming the $41, 000 includes late charges. Any suggestions.
KT
KT
Hi Guest!
Welcome to forums!
I would suggest you to speak to your lender immediately and inform him about your hardship. There are chances that the lender would consider your hardship and would reduce your interest rate so that you can pay off the mortgage dues on time. You can ask your attorney to speak to the lender and negotiate with him for your cause.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
I would suggest you to speak to your lender immediately and inform him about your hardship. There are chances that the lender would consider your hardship and would reduce your interest rate so that you can pay off the mortgage dues on time. You can ask your attorney to speak to the lender and negotiate with him for your cause.
Feel free to ask if you've further queries.
Sussane