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jd48463 · Joined: 29 Sep 2009 Posts: 2 1.64 Dollars($)

We were discharged from bankruptcy in Feb of this year, chapter 7. We never signed a reaffermation agreement on are first or second mortgage but kept paying them so we could keep are home. At the end of March my husband lost his job and we ended up missing 4 house payments. He has a job now for almost a month but since we are in forclosuer we either have to wait and see if we qualify for a modification or pay up what we owe before the sheriff sale, which is Oct 15th. If the midigation department doesn't get things together before the sale then we will loose the home. What will happen then? Will we owe the diffrence or will it be part of the bankruptcy since we never did the reaffermation agreement. Would we be able to buy another home? If We could go buy one of these cheap homes in are area that would be fantastic since are home is worth half what we owe. This whole thing has been very stressfull and we have 3 young kids, 2 in elementary school. Any advise would be great. We live in Michigan.

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)

Have you called yoru lender and ask for some payment plan or loan modification plan

That isfirst thign you need to do. Show that you have the incoem to make payments

jd48463 · Joined: 29 Sep 2009 Posts: 2 1.64 Dollars($)

I have all ready sent in all the paper work. I called them the day my husband got a job. We can't do a repayment plan so we have to wait for the negotiation team to do something. I call every week but there is only a couple weeks left before the sale now. There is nothing more I can do its in there hands now.

jenkin7 · Posted: Wed Sep 30, 2009 12:36 am Post subject:

Hi jd,

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I filed bankruptcy and am now loosing my home