Another question. If you're behind on mortgage, should you still include the payments as an expense?
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Filed August 20
341 on September 23 Report of No Distribution - September 24 Case Discharged and Closed on November 23!!! -
It probably varies by district - but I've seen many post that they are able to claim the mortgage payments (because you owe them) even if behind. But keep in mind that if you're behind now, filing ch. 7 will only delay foreclosure unless you catch up.
You may be able to contact your lender and ask about considering you for a modification. It may or may not lead to anything, but could be a way to delay any foreclosure proceedings AND can allow you to honestly claim you are following up on all options before letting the house go.
Originally posted by drowning123 View PostGet mortgage modified: DONE! 7 months of back interest payments amortized, payment reduced over $200/mo
(In the 'planning' stage, to file ch. 13 if/when we have to.)Comment
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Yay! You're the best! That's exactly what I did! I did contact my lender and modification application is in review. They sent me a letter saying the house cannot be foreclosed, blah, blah. . .. They said the review will be final by Sept. 24.Originally posted by SMinGA View PostFiled August 20 341 on September 23 Report of No Distribution - September 24 Case Discharged and Closed on November 23!!!Comment
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