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A Chapter 13 bankruptcy puts the entire debt collection process on hold to give the filers time to work out a court-approved repayment plan for a portion of their debts.
Thus, because the process is on hold, a loan modification can not be enacted while a mortgage is currently under the supervision of the Chapter 13 trustee.
However, it is possible to negotiate a modification of a loan with the mortgage lender during the bankruptcy. But it will be necessary to have the bankruptcy case voluntarily dismissed before the modification can be finalized and put into effect. Banks may not be willing to negotiate with the borrowers under the circumstances of a Chapter 13, though.
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Can you get a hrblock Christmas loan if you have filed chapter 13?
yes you can
Can you get approved for a new car loan after your chapter 13 bankruptcy is dischared?
yes, I did.
Can a mortgagee include late charges on loan modification?
No because a loan modification is set in place to give the client a fresh start. The client should waive all the late fees that he/she had before the loan modification.
How do you get loan modification?
You have to apply to your lender for a loan modification. Some people use attorneys to make application on their behalf, and others choose to go the "do it yourself mortgage modification" route. If you decide to do your own home loan modification, make sure you get your paperwork correct. You need to know precisely what your lender requires, otherwise your application will be rejected. It may be a good idea to buy a loan modification system that can show you, step by step, how to go about the loan modification application.
Is it possible to get a home equity loan while paying chapter 13?
No you can not get a home equity line of credit but you can refinance and pay off the chapter 13 with the new mortgage.
Can you get a home loan while in a chapter thirteen?
Yes, but the Chapter 13 debt will have to be paid off as a condition of the loan.
I filed bankrupty under Chapter 13. My student loan is included in the Chapter 13 and I am paying on it. Can I still apply for another student loan?
Only if you have the courts permission
Can you get a loan when you are still in chapter 13 bankruptcy?
yes u can
Can you get a hrblock Christmas loan if you have filed chapter 13?
yes you can
Can you get approved for a new car loan after your chapter 13 bankruptcy is dischared?
yes, I did.
Can you get a used car loan while you are on chapter 13 bankrupty?
Highly doubtful.
Is a closing agent required for a loan modification in New York?
The answer is no. I am a Certified Signing Agent and I am also a Loan Modification Consultant, but that does not mean that I need to be one in order to become a loan modification consultant. Glena
How does one Recover unpaid loan after chapter 13 is filed?
after appearing in court on civil suit defendant informed court judge chapter 13 has been filed. Is defendant free and clear from paying personal loan?
Can I qualify for a loan modification regardless of my Loan Type ?
A loan modification is up to the discretion of the lender. The type of loan doesn't really matter as much as the willingness of the lender to work with you.
Can a mortgagee include late charges on loan modification?
No because a loan modification is set in place to give the client a fresh start. The client should waive all the late fees that he/she had before the loan modification.
How do you get loan modification?
You have to apply to your lender for a loan modification. Some people use attorneys to make application on their behalf, and others choose to go the "do it yourself mortgage modification" route. If you decide to do your own home loan modification, make sure you get your paperwork correct. You need to know precisely what your lender requires, otherwise your application will be rejected. It may be a good idea to buy a loan modification system that can show you, step by step, how to go about the loan modification application.
Can auto and home defiencies and garnesheements be entered into a ch13 bankruptcy?
If you mean, can they be included in a chapter 13, the answer is, they must be. If you mean, can you file a chapter 13 because of garnishments and secured loan payment arrears, yes, that's what chapter 13 is for.
