We are over a year into our hamp mod. with no late payments, we filed Chapter 7 in July 2012, expect to be discharged sometime after September 20th, 2012 and have decided not to reaffirm our mortgage with the credit union. We are upside down. Owe 194k on a home worth maybe 150k, but have a nice low payment due to the HAMP mod. Our payment went from 1493.00 at 6.625% to 934.00 at 2%.
Anyhow, I was wondering if we need to file a motion to avoid the lein in case AFTER the bk is discharged our credit union offers us a new modification? Of course, we would only accept that if they reduced our principal, and possible an even lower pmt. We are still struggling with the payment,even though hubby has decent and steady employment, just making enough to pay bills, no month left at the end of our money...
btw., two judgements against me..one for 8k and another for 5k...and there is a lein against me.
Also, they have a lein against our car, which we have paid off, but the cu refuses to give us title because we owe them on a credit card. I am hoping they will have to give us the title once the Credit card is discharged...
Any thoughts are appreciated...
Anyhow, I was wondering if we need to file a motion to avoid the lein in case AFTER the bk is discharged our credit union offers us a new modification? Of course, we would only accept that if they reduced our principal, and possible an even lower pmt. We are still struggling with the payment,even though hubby has decent and steady employment, just making enough to pay bills, no month left at the end of our money...
btw., two judgements against me..one for 8k and another for 5k...and there is a lein against me.
Also, they have a lein against our car, which we have paid off, but the cu refuses to give us title because we owe them on a credit card. I am hoping they will have to give us the title once the Credit card is discharged...
Any thoughts are appreciated...
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