if you are in a ch.7 and are only 1 month behind on your mortgage can they take your home??
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one more thing.. i plan on having it caught up by the time we have our 341 meeting, do you think that will save our home?? i am trying so hard to get things caught up but with all other bills it just takes time. thanks for your advice on this!!! -
you'll definately want to be current on your mortgage, prior to the 341 meeting.The information provided is not, and should not be considered legal advice. All information provided is only informational and should be verified by a law practioner whenever possible. When confronted with legal issues contact an experienced attorney in your state who specializes in the area of law most directly called into question by your particular situation.Comment
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Legally, yes they could because you are in default. However, being only 1 month behind, you will want to talk to you finance companies loss mitigation department to work out a way to get caught back up.Comment
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i talked with the finance company and they agreed to let me make 1/2 the payment and the other 1/2 with my next payment being due in july. i have not told them that we are filing bk7, am i supposed too?? i am kinda scared to mention it to then seeing how my payment is currently behind...any advice on this??Comment
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Well, they are a creditor, so you will have to list them on your BK petition, so they will find out.Comment
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