Hi all , happy new year !
I am wondering if people could help me , i am filing chapter 13 next week and i am confused about our mortgage with wells fargo
i have informed wells fargo that i will be filing chapter 13 bankruptcy , they haven't started foreclosure proceeding yet , but i am assuming it will happen very soon , so i may as
we are 13500.00 in arrears to wells fargo , i spoke with thier bankruptcy dept and they seemed clueless on how it works or they were just being evasive as they always are.
1. Does wells fargo file a claim for the arrearages ? I am told by other people bank like to put additional funds on the arrearages just make it harder on you or they like to stall to get you further behind.
2. When is my 1st payment due? , i am told its do when you to the 341 meeting .
3. Most importantly , because i will be paying arearages to the trustee , does my payment go back to the original loan terms before i fell behind.
4. Should i wait till i get the accelreation letter from wells fargo before i file - i am figuring the arearages will just put me farther behind so why wait for the obvious.
Help with any of these questions would be greatly appreciated - filing in 2 weeks
p.s. Wells fargo asked me to send it paperwork for a loan mod but i am not interested in a 3 month forbearance plan - i prefer to just get on with my life and get a fresh start instead of going through endless faxes , lost paper work , uninformed represenitives , and mass confusion
your thoughts on this is very much appreciated.
Bob
I am wondering if people could help me , i am filing chapter 13 next week and i am confused about our mortgage with wells fargo
i have informed wells fargo that i will be filing chapter 13 bankruptcy , they haven't started foreclosure proceeding yet , but i am assuming it will happen very soon , so i may as
we are 13500.00 in arrears to wells fargo , i spoke with thier bankruptcy dept and they seemed clueless on how it works or they were just being evasive as they always are.
1. Does wells fargo file a claim for the arrearages ? I am told by other people bank like to put additional funds on the arrearages just make it harder on you or they like to stall to get you further behind.
2. When is my 1st payment due? , i am told its do when you to the 341 meeting .
3. Most importantly , because i will be paying arearages to the trustee , does my payment go back to the original loan terms before i fell behind.
4. Should i wait till i get the accelreation letter from wells fargo before i file - i am figuring the arearages will just put me farther behind so why wait for the obvious.
Help with any of these questions would be greatly appreciated - filing in 2 weeks
p.s. Wells fargo asked me to send it paperwork for a loan mod but i am not interested in a 3 month forbearance plan - i prefer to just get on with my life and get a fresh start instead of going through endless faxes , lost paper work , uninformed represenitives , and mass confusion
your thoughts on this is very much appreciated.
Bob
Comment