The newest Loan modification System To own Part 13
Antique mortgage modification can be extremely hard to get. The procedure is skewed facing most home owners just like the financial institutions cannot bring a sensible look at your finances. Instead of acquiring a modification, you may find your self at risk out-of shedding your house.
Here’s the great news: Fort Lauderdale Bankruptcy Court has implemented a new loan modification program on that offers realistic solutions for keeping your home. It’s available to those pursuing Chapter 13 bankruptcy. In the Chapter 13 loan modification program, your bankruptcy attorney takes a complete look at your financial picture. If you were denied because you didn’t have enough income or because of excessive debt, you may be able to reorganize your debts in a Chapter 13 and lower your car payments, get rid of that second or third mortgage, and eliminate your credit card debt. (more…)