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Are there payment options with your mortgage company after your bankruptcy has been dismissed?
Wiki User
∙ 8y ago
That is at the discretion of the lender. The majority of lenders, if they can be certain you will be able to meet your obligations, will work with you. Foreclosure is not something that lenders want to do, and try to avoid if possible.
Wiki User
∙ 8y ago
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Where can one find out about bankruptcy mortgage loans?
One can learn about their options for getting a mortgage loan after declaring bankruptcy by visiting the websites of businesses that offer mortgages. Generally, one cannot obtain any kind of mortgage for at least two years after declaring bankruptcy, but some companies may make an exception.
What services are offered by West Mortgage?
The West Mortgage company offers customers mortgage and financial advice. They offer various lending options to persons requiring or renewing a mortgage.
Which mortgage company offers the best interest rates?
There isn't just one mortgage company that offers the absolute best rate to everyone. Mortgage rates can vary wildly depending on your credit score and a host of other factors. A number of financing options are available through the federal government, as well as some state and local programs, if you meet their requirements. Mortgage brokers can also offer a range of mortgage options from multiple sources. Always shop carefully!
How can one refinance his mortgage?
A person who wants to refinance their home needs to find a mortgage company to do so. The person will need to discuss options of their home, credit and bank information pertaining to the refinance.
If home is up for foreclosure how can you prevent and keep it?
A reputable Foreclosure Prevention Service can help a person decide what options are the best for them concerning this issue. Some of those options are forebearance, loan modification, deed in lieu of foreclosure and of course bankruptcy. Call your mortgage company and see what options they can offer. Many mortgage companies have a loss mitigation department that handles these types of issues. If you want to keep the house, then your options might include: A forbearance plan, or a repayment plan, which allows you to pay the delinquency over a period of time. For example they might agree to accept 1 & 1/2 payments per month until the loan is brought current. If the mortgage company agrees to a repayment plan, make sure you *get it in writing* and follow the terms exactly, because if you break the terms then the plan is void and you will likely have a very difficult time getting the mortgage company to agree to another one. Another option might be a modification. For example, if you have a high interest rate, and if that were lowered, then you could make the payments
Will my options for home mortgage interest rates be compromised by my having filed bankruptcy recently?
If you have filed bankruptcy recently your options for low home mortgage interest rates are going to be very slim, if they exist at all. In fact it will be hard to get a mortgage from a reputabel company at all, especially if a home was involved in the bankruptcy proceedings. It will depend on how recent the bankruptcy was, what all was involved in the proceedings and how you have resolved things since as well as finding a bank that may have a program designed to help people in your situation.
How would you go about trying to set up payment options with a mortgage company after your bankruptcy has been dismissed?
You would need to contact the lender directly and find out what options they are offering. Some lenders are quite willing to work with you, others not at all. The biggest factor is if the lneder can be assured you are able to make up back payments (if any) and keep regular payments current at the same time.
Where can one find out about bankruptcy mortgage loans?
One can learn about their options for getting a mortgage loan after declaring bankruptcy by visiting the websites of businesses that offer mortgages. Generally, one cannot obtain any kind of mortgage for at least two years after declaring bankruptcy, but some companies may make an exception.
What kind of options are available for me to stop foreclosure on my house?
Your best option would be to higher a bankruptcy attorney. They can provide assistance in this area even without a decleration of bankruptcy. In fact, often a letter from your attorney threatening bankruptcy will be enough to bring your mortgage holder to the bargaining table, as bankruptcy would automatically stop the foreclosure proceeding and put it in the hands of a judge. If you wish to stop foreclosure on your house, then you have one of two options. Either 1) contact your mortgage company, and attempt to lower your monthly payments, or 2) speak with an attorney, and hope that you have a case.
Your mortgage has been called what are your options?
Your options are to call a foreclosure lawyer or to call a bankruptcy lawyer because every state is different and you need professional assistance we can't provide you.
Is it possible to refinance an ARM with a mortgage company given the credit crisis?
It is possible to refinance an ARM. The options available vary by customer and their history with the mortgage company.
What services are offered by West Mortgage?
The West Mortgage company offers customers mortgage and financial advice. They offer various lending options to persons requiring or renewing a mortgage.
What is some of the best bankruptcy advice?
"The best bankruptcy advice would be to consult with a bankruptcy lawyer, who can advise you of all your options. Talking with a debt consolidation company can also be very helpful."
What are some home mortgage loan companies that operate in Idaho?
Some options of companies to get a home mortgage loan in Idaho are the Idaho Housing and Finance Association of the Zillow company website. Alternatively you can use the First Mortgage company website or the Bankrate company website.
What options are available to owner to repossess rental house from non-paying tenant who has filed ChapterThirteen bankruptcy and continues in possession of rental house?
While I'm not certain how, if at all, his filing bankruptcy controls your options - for sure - it isn't a repossession. That is done when someone defaults on a mortgage and that process changes ownership of the property to the mortgage holder. The mortgage holder then has to evict and take possession of the property.Presuming he hasn't paid his rent (if he has, you have no cause for action), that last step - eviction - is what you have to do with a non paying tennant.
My mortgage company forclosed on my home and resold the house but didn't get what they wanted for the home now they are trying to garnishs my wages what are my options?
It would be unusual for a mortgage contract to allow for such a thing; normally foreclosure is considered full repayment. Check your contract. If your particular contract does contain such a provision you can still declare bankruptcy and thereby avoid any further debt collection.
What company can someone contact when they need legal help from bankruptcy?
When someone needs legal help from bankruptcy they can contact their local legal aid office. They will assign you someone to speak to about your options.
