Getting out of the house?

[truckerswife]

Ok. Hubby and I filed chapter 13 and have been making regular payments (through payroll deduction) since October. Our mortgage was in behind and home in foreclosure. We included late payments in our plan. We have paid back $5000 and owe about the same still. Our mortgage has gone up $200 since then. We have only made 2 of our regular house payments since filing. It is just 2 much. It seems like one thing after another is going wrong with this place and we just can't pay it. We want to find something else. How do we go about it? When they foreclose what happens with the late payments that we are paying through the plan? Will this mess up our bankruptcy? As it stands now we only have a year and a half left in our chapter 13 plan. Our loan servicer is Intervale mortgage. Today we got a "notice of endorsement" from Highland Banc, Inc and a paper that says "deed of trust/mortgage" from them. I don't know what any of that means.

[keepmine]

Is there some reason you can't convert to a Chapter 7? Do you have debt other than the mortgage in the plan?

[truckerswife]

We have old phone and medical bills. We make to much to convert.

[BigJohn]

Did your mortgage go up or was it the property taxes (paid thru your mortgage holder) go up?

[rrockinggramma]

talk to your attorney and let them know you are letting the house go. He will have to amend your plan.

[truckerswife]

Did your mortgage go up or was it the property taxes (paid thru your mortgage holder) go up?

Both. We were behind on the mortgage which includes taxes, when we filed. Though we are paying that in the plan they added the back taxes onto our current payment. And our interest rate also went up.

[AngelinaCatHub]

MAKE TOO MUCH???? I don't understand. If you made TOOOOOooooo much, you could afford this. I would contact your liar, errr I mean lawyer (I have no love for them) and ask what to do. Obviously the plan went wrong. What can be done to right it? That is the question. Do you wish to rent and get out? If not go to the bank or whatever, and ask their advice also. It won't hurt as they are not in the realestate market, but wish for you to pay. Perhaps they would cooperate??? That being said, worry only about things you can fix, time fixes those things you cannot worry about. Please!!!, get some rest and know, there are powers that you can call upon and this is all I may say. Peace. 'Hub