Please let me know what you think?

[onejeg]

So I ran behind on my mortgage (laundry list of reasons). Well I recvd a letter stating that the mortgage company was looking to have the auto stay removed from the property (the house was not included in the bk) I spoke with the bk dept from the mortgage company and they said once it was removed at that point they could talk with me about options. She said foreclosure is the last option (I would think this esp with all the homes going in to this direction)

So 12/18 is the day the stay will be lifted (I did not have my lawyer object)

Did I do the right thing?

[car67]

Very interesting concept.....
I think we will see some form of nationwide
finance plan that will be in the benefit of those
who can afford some form of reduced monthly payments
backed by federal money Stay tuned

[Flamingo]

So I ran behind on my mortgage (laundry list of reasons). Well I recvd a letter stating that the mortgage company was looking to have the auto stay removed from the property (the house was not included in the bk) I spoke with the bk dept from the mortgage company and they said once it was removed at that point they could talk with me about options. She said foreclosure is the last option (I would think this esp with all the homes going in to this direction)

So 12/18 is the day the stay will be lifted (I did not have my lawyer object)

Did I do the right thing?

Does your attorney know you are behind on your mortgage payments? You state your house "was not included in the BK" but it was. Look on your listing of creditors...you are just making payments outside of the Plan so if your payments are late, your attorney has to know as you can end up having your Plan dismissed. You cannot do anything as to your house (refinancing, modifications, etc.) without Trustee permission.

[onejeg]

My Attorney knows. I had told them prior to being pass due(with the changes in our live I knew the money was going to run low). Even though the house was not included on the bk plan the mortgage company wouldn't even talk to me. The mortgage company said once the stay is lifted they can see what kind of options are available for me. I've read of several programs avail and I'm just hoping there is something avail for me. My attorney said that I can let the stay be lifted or they can get the past due amount included in my bk plan. I just don't want to lose my house.

[onejeg]

also to add my attorney said that my overall plan will not be dismissed