Hello,
I am in an active ch13 and just got the plan amended to surrender our house due to significant decrease in income since filing. Anyway, I stopped paying my HELOC and am now approaching 90 days late on it with 60 days late on the first mortgage. From others experience, how long did it take to have the automatic stay lifted so that the bank could contact you about the foreclosure? And then after that is done, how long till I receive the NOD and the rest of the process? FYI: I live in Missouri and BOA has both loans on the house.
Thanks!
I am in an active ch13 and just got the plan amended to surrender our house due to significant decrease in income since filing. Anyway, I stopped paying my HELOC and am now approaching 90 days late on it with 60 days late on the first mortgage. From others experience, how long did it take to have the automatic stay lifted so that the bank could contact you about the foreclosure? And then after that is done, how long till I receive the NOD and the rest of the process? FYI: I live in Missouri and BOA has both loans on the house.
Thanks!