Posted on: 24th Feb, 2010 05:56 am
I have a mortgage payment forebearance agreement of 1750 one the first and 350 on the second. I cannot continue to make them. If i file bk will i be able to significantly lower my payment even with trustees fees? please advise, thanks for your time.
What type of bankruptcy are you planning to file? If you file chapter 13, you would get a payment plan depending upon your financial situation. This payment plan will help you in paying off the dues in an affordable manner.