answersLogoWhite

0

Chapter 13 mortgage payments can be modified. The trustee must agree to new terms before a modification can be approved. However, a lender can object and appeal the modification.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

Is it possible to have your mortgage loan modified if one is current on mortgage payments?

Yes, although mortgage companies are more likely to modify a loan in default.


Does my mortgage cover my insurance payments?

No, your mortgage typically does not cover your insurance payments. Insurance payments are separate from your mortgage and are usually paid directly by you to the insurance company.


What can I use to calculate mortgage payments?

Mortgage payments are very expensive nowadays, so you have to work hard to get rich and to get all the worldly desires you have, you can use a calculator to calculate mortgage payments.


When can you eliminate PMI from your mortgage payments?

You can eliminate PMI from your mortgage payments when you reach 20 equity in your home.


What would I need a mortgage amortization calculator for?

The mortgage amortization calculator is for working out your monthly mortgage payments. It will also calculate into the equation when and if you make extra monthly payments on your mortgage.


Should your parents have you on the title of their house to avoid forced sale?

If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.If your parents granted a mortgage and then default on the payments, adding you to the title after granting the mortgage will not stop a foreclosure.


What type of mortgage has payments that can change?

varialbe-rate mortgage


Can you keep both homes if you own a mortgage on one if you file chapter13?

As long as you keep paying both mortgages, you can keep both houses.


When can a bank send notice of acceleration on a mortgage?

With the new laws established by the Obama administration, mortgage companies can't accelerate mortgages until the homeowner is six months behind. If you are having trouble with your payments you should try to have you loan modified.


Do you still have to pay monthly mortgage if you have a reverse mortgage?

No, the purpose of a reverse mortgage mortgage is to eliminate mortgage payments permanently.


Do Mortgage insurance premiums payments have be escrowed by the lender?

Yes, Mortgage Insurance Premiums Payments do have to be es-crowed by the lender.


What is the duration of the Flagstar grace period for mortgage payments?

The Flagstar grace period for mortgage payments is typically 15 days.