Hello everyone. First post but have been reading for about two months. I have read pros and cons on waiting for permanent mod before filing chapter 13 (not necessarily on this forum.) my question is my 1st is BOA owned by Fannie. My 2nd is Green tree owned by BOA. Afraid BOA might get ticked off if 2nd is stripped and find some reason to mess up my permanent mod on 1st. Any body have opinions on whether to wait or not?
Also we are making all payments on cc's right now because afraid of (1) showing late payments on credit report in case things don't work with the permanent mod and we have to move. When we were looking at rentals before they were willing to overlook that we went behind on mortgage only and (2) afraid of getting judgments if we don't pay while waiting for permanent mod. Is continuing to pay on cc's bad? We think we can continue to pay for maybe 3 to 5 months but have no idea how long permanent mod will take
Also we are making all payments on cc's right now because afraid of (1) showing late payments on credit report in case things don't work with the permanent mod and we have to move. When we were looking at rentals before they were willing to overlook that we went behind on mortgage only and (2) afraid of getting judgments if we don't pay while waiting for permanent mod. Is continuing to pay on cc's bad? We think we can continue to pay for maybe 3 to 5 months but have no idea how long permanent mod will take
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