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Loan Modification and Bankruptcy

Posted on: 22nd Sep, 2010 03:39 pm
I have alot of Credit card debts; even judgment against me. My mortgage is behind by being denied through Loan Modification. Can I file bankruptcy and also apply for a loan modification? I would like to keep the house and the car. Can I apply again for a second loan modification even though I was denied.
HEEEEEEP!!!!!!

Carrie
N.Y.
Welcome Guest,

You can apply for a bankruptcy right away. But you won't be able to get a loan modification if you're in a bankruptcy filing. The lender will want to get discharged from the bankruptcy filing and then he would think about loan modification. Though you file bankruptcy, you'll be able to save your car and home.
Posted on: 22nd Sep, 2010 08:53 pm
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