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mortgage

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M & M Guest	Posted: Tue Aug 30, 2011 3:06 pm    Post subject: mortgage Like 0 Dislike 0 I have an installment loan on my home and my home is almost paid for but I ran into financial problems (divorce) and both of my business were in trouble so I filed chapter 13 so now the bank doesnt send me a statement for my home loan anymore they told me I can pay whatever I want a month even though I have been sending in a regular payment, I recently went to the bank and asked them and they told me that my loan was in recovery and I really like to know what does that mean? they told my I could send $50.00 a month if I wanted to, Should I have them to put that in black & white? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Tue Aug 30, 2011 7:44 pm    Post subject: Like 0 Dislike 0 Hi Guest, When you filed Chapter 13, didn't you receive a payment plan from your lender for your mortgage payments? You should be liable for making payments as per that payment plan. Nevertheless, you should first have a word with your bankruptcy attorney and take his opinion in this matter. Thanks
sabrinatoss Community Expert Joined: 16 Jan 2011 Posts: 516 Location: Australia 82.74 Dollars($)	Posted: Thu Sep 01, 2011 12:56 am    Post subject: Like 0 Dislike 0 You have to settle that soon and try seeking for a legal advice to determine what exactly should your next move. _________________ Home Loan, Mortgage Insurance Calculator, Mortgage Broker

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