Anyone out there get a mod after a ch7 bk? I received the permanent mod paperwork yesterday but it states that it will reaffirm the loan. According to the MHA Handbook there should be a clause in section 1 that states: "I was discharged in a Chapter 7 bankruptcy proceeding subsequent to the execution of the Loan Documents. Based on this representation, Lender agrees that I will not have personal liability on the debt pursuant to this Agreement.” (page 93). After talking to my attorney he says that they don't have to do this and according to the bank they won't do this. Anyone have any insight on this?
Thanks!
Thanks!