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loan modification

Posted on: 05th Aug, 2010 04:18 am
we have 5% on are loan and they want to go with 5 percent in are loan and for us to come up with 6200.00.Can someone please help me I don't know what to do someone told me to file chapter 13.
Hi patricafiggins,

You need to let the lender know about your financial hardship and check if he can reduce the interest rate for your mortgage. If the lender is not ready to negotiate with you, then you may think of of filing Chapter 13 bankruptcy.

Thanks
Posted on: 06th Aug, 2010 12:27 am
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