Question Chapt 7 after acquiring modification

[hferia]

Hi,

I'm new to BKFORUM and need advice. I just got a modification from BofA last month and will begin making my new payment. I also need to file Chapt. 7, but I'm afraid BofA will rescind the modification. Since I'm going to file for a BK, will the bank stop taking my mortgage payment and if so will this cause me to default on my modification?

Please help. Thanks.

[Flowers]

When you file BK you will have protection and your lawyer can advise you.

It is the trustee that will have the interest in your home, meaning what is the difference between what the home is worth and your equity in it vs. the possible sale price less costs.