Chapter 13 and possible foreclosure

[therealaquil]

Hi,
We filed ch. 13 in Jan. and our first payment started in Feb., since that time my husband's income has dropped and we are about 1200 a month short. We missed our mortgage payment in July. We haven't heard anything from the lawyer or the court. Should we go ahead and make the August payment and hope for the best or are we certain to lose our home? How long does it take to foreclose in once we are in ch. 13? We were in foreclosure and it was stopped when we filed. We are thinking of seeing if we can convert to a chapter 7. The only reason we didn't in the first case was the house. Thanks for any help.

[SMinGA]

Contact your atty ASAP. Also start thinking about what you want to happen. If you're $1200 a month short, you can't go on like this for long. Do you want to keep the house - and is that an option based on current income/outgo? Can you rent elsewhere for less? With current income level, what is DMI?