top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Foreclosure with PMI

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

    Foreclosure with PMI

    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?

    #2
    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!

    Comment

    bottom Ad Widget

    Collapse
    Working...
    X