Posted on: 20th Nov, 2009 01:29 am
Loan and title is under all 3 persons. He filed the chapter 7 and according to him it is finished. Should he pull out of the bankrupt so all 3 can apply for the obama stimulus loan mod?
Hi kopaenz,
I did not understand what you wanted to mean by "finished". Has the Chapter 7 been discharged? If not, then he can consult with his attorney and dismiss the bankruptcy filing. Then, all the co-borrowers of the mortgage can apply for the loan modification with the lender and check out if he agrees to it.
Take care.
I did not understand what you wanted to mean by "finished". Has the Chapter 7 been discharged? If not, then he can consult with his attorney and dismiss the bankruptcy filing. Then, all the co-borrowers of the mortgage can apply for the loan modification with the lender and check out if he agrees to it.
Take care.