top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Advice pls - HSBC Mort and Aldridge Connors - Des any ideas???

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Advice pls - HSBC Mort and Aldridge Connors - Des any ideas???

    Hello everyone - I'm wondering if anyone has had HSBC/Household mortgage and if anyone then had the experience of them - HSBC - hire Aldridge COnnors:

    http://www.aclawllp.com/services/bankruptcy They represent creditors (if you read the link it seems relatively...routine), but another line of business is "National eviction management" - how lovely: http://aclawllp.com/services/nationa...on-management/

    Is this anything to worry about...(By the way spouse's Ch 13 --341 is this week!!!)...mort is 2 months in arrears (provided for in plan); first post petition payment paid (maybe too early as they posted it before they got the notice for BK) but was paid...

    Do you all (Des and lrpn...?) think this means they want to foreclose (upside down) OR does this mean this is their law firm for this? (Doesn't HSBC employ enough law firms?) HELP!!!

    #2
    It is probably the law firm that automatically gets assigned when any of HSBC borrowers files BK. Nothing to be worried about, per se, so long as you have a properly structured chapter 13 plan.

    Are you also doing a 2nd mortgage lien strip?

    Comment


      #3
      THANK YOU HHM - NO no lien strip - there is NO second mort, just the regular first mort...but...to add a wrinkle...HSBC modified it last year in Oct because of my reduced income....again Ch 13 provides for the arrears - which is only about $3K to be paid back in full - (if somehow I ever get my hands on that much, I think I may pay it myself). And, again, it's "only" 2 months behind, and alas only because I had to finish paying atty...

      Originally posted by HHM View Post
      It is probably the law firm that automatically gets assigned when any of HSBC borrowers files BK. Nothing to be worried about, per se, so long as you have a properly structured chapter 13 plan.

      Are you also doing a 2nd mortgage lien strip?

      Comment

      bottom Ad Widget

      Collapse
      Working...
      X