I Would like to know if there are any advantages or pitfalls to one company (one of the big boys) holding all the debt in our Chapter 7 BK. 3 Credit Cards and 1 Exempt-able Mortgage we want to have Reaffirmed. My worry is that they will not allow the mortgage to be reaffirmed.
It's not that we have a lot of equity in the house as much as the cost of renting would be twice as much as our monthly mortgage payment AND the thought of being forced to move is quite unpleasant.
What can make a Creditor decide to NOT reaffirm a Mortgage in a Chapter 7?
Thanks
It's not that we have a lot of equity in the house as much as the cost of renting would be twice as much as our monthly mortgage payment AND the thought of being forced to move is quite unpleasant.
What can make a Creditor decide to NOT reaffirm a Mortgage in a Chapter 7?
Thanks