SETTLEMENT on 2nd

[nichole04]

mmertens67, would you mind sharing which bank you 3rd lien was with? Thanks so much! Nichole04

[mmertens67]

mmertens67, would you mind sharing which bank you 3rd lien was with? Thanks so much! Nichole04

Nichole, not at all. Bank of America.

[nichole04]

Thanks so much!

[Apocalypse]

I agree that you should wait until after BK to settle. The trustee will almost assuredly see the settlement as a priority debt payment and an abuse of bk. What does your attorney say? I can't think why it would be bad to wait until AFTER bk to settle. You will almost certainly do BETTER unless you have equity in your home, which would be highly unusual. Best of luck to you, it's a stressful time, and it's just WRONG that we have no clear answers in this country... you can't even have 10 accountants do you income taxes and come up with the same answer. That is WRONG.