Trustee Sale Couple Weeks Loan Mod OR NOT?

[JoeKing]

Discharged 7 / 2 Mos. ago.; we did not reaffirmed our home. Now GMAC sends a workout financial analysis for loan modification. I can probably afford minimum payment but not full PITIMI payment, which is required in loan mods.

First question... IF I submit this form to GMAC, would it delay the trustee sale schedule in 2 weeks?

Second question... What are the chances getting a loan mods after 7?

Thanks in advance for sharing your knowledge and experiences!

[Lajazz947]

Discharged 7 / 2 Mos. ago.; we did not reaffirmed our home. Now GMAC sends a workout financial analysis for loan modification. I can probably afford minimum payment but not full PITIMI payment, which is required in loan mods.

First question... IF I submit this form to GMAC, would it delay the trustee sale schedule in 2 weeks?

Second question... What are the chances getting a loan mods after 7?

Thanks in advance for sharing your knowledge and experiences!

I am not sure about the delay in the TT sale but it is possible to modify after a 7.

I am waiting to get out Wachovia's BK department in order to start the modification process so I know it is being done.