i filed for bankruptcy and made my motgage payments but late

geeooff1 · Joined: 01 Jul 2009 Posts: 1 1.32 Dollars($)

now the mortgage company has filed for a motion to modify or terminate the automatic stay, what can i do to resolve this?

jenkin7 · Posted: Wed Jul 01, 2009 10:30 pm Post subject:

Hi geeooff,

I believe you have filed chapter 13 bankruptcy, right? If you are under chapter 13 plan and are having problems while making the payments on time, you can request for a modification of your loan. A modification will reduce your monthly payments and help you stay current on the loan. You will need to get your bankruptcy trustee's approval for the modification. Also talk with your lender and see if they are willing to modify your loan. In the meantime, if they report the late payments to the bureaus, your credit will get affected.

Guest

thanks for the feedback, but the problem isnt affording the payments, the problem is my payments werent recieved on the 1st of each month. my plan hasnt been confirmed yet due to this

Posted: Thu Jul 02, 2009 11:08 pm Post subject:

ok...well my mortgage company messed up, and dont have records of my payments, but i do. they said they havnt recieved a payment since april...im wondering why...

savior70 · Posted: Fri Jul 03, 2009 4:45 am Post subject:

Hi

If you have the records that you made your payments, you can dispute your lender's claim and prove that you have indeed made the payments. I think you ought to discuss this with your bankruptcy attorney and your trustee. Since you have the records to prove your point, I don't think you will face any problem.

Guest

well i cant seem to get a hold of my attorny, but i faxed the reciepts to my mortgage company and thier attorny. but now what should i do if i cant get a hold of my lawyer, he doesnt answer phone calls emails or any messages. its making me nervous

All times are GMT - 7 Hours

Page 1 of 1