We ammended our chapter 13 to include giving back the house. We did have PMI insurance that we were paying with the house payment. Is there anything different other that a normal forclosure if we had PMI?
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Foreclosure with PMI
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From your perspective, the PMI shouldn't make a difference in the process. The PMI protects the lender, not the borrower. The lender will make a claim to recover their loss.LadyInTheRed is in the black!
Filed Chap 13 April 2010. Discharged May 2015.
$143,000 in debt discharged for $36,500, including attorneys fees. Money well spent!
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