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If you are unable to make the mortgage payments, you will lose the house to foreclosure- there is nothing you can do at that point. The only option would be to convert to a chapter 7 to discharge any other non-mortgage debt. If you want to keep the cars (or any secured debt for that matter) you will need to KEEP making those payments.

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Q: What happens if you lose your job after filing Chapter 13 with a wife who works a mortgage and two car notes in Ga?
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Related questions

Where can you buy mortgage notes?

One can purchase mortgage notes by getting in touch with an agent who specializes in mortgage notes. There are plenty of agents who can assist in the purchase of a mortgage note and advise on the best rates for a note.


What happens to a mortgage note when the mortgage company files for bankruptcy?

Mortgage notes are considered a company asset and are transferred or sold to other servicing lenders. Most mortgage companies only service loans for investors "fannie mae, Freddie Mac, etc."


What type of companies buy mortgage notes?

A number of companies purchase private mortgage notes. The Mortgage Buyer, Inc is one service which will purchase them after an appraisal and verification by the borrower. Brokers for mortgage notes includes Edward J Adams Mortgage Note Brokers, or the Note Marketplace website.


How many notes can a mortgage have?

A mortgage generally only has one note.


Where do you find mortgage notes for sale?

How to find mortgage notes online or else where? Check with the Register of Deeds in the county you are looking to find mortgage notes in. These are recorded as mortgages, trust deeds or land contracts in most states and they are a matter of public record. Some local offices have resources where you can do this research online. A good place to start of by doing a Google search for "property records" in the area you want to find mortgage notes in.


Where can you find the river between chapter summary notes?

You can find chapter summary notes for "The River Between" in various study guides, online resources, or by creating your own notes while reading the book. Look for websites that offer book summaries, such as SparkNotes or CliffNotes, for a detailed chapter-by-chapter breakdown.


Who are some companies that are buyers of mortgage notes?

A mortgage note is essentially a promissory note with the property concerned as a security for the loan. Companies that buy mortgage notes include the Texas Note Company, NCR Note Buyer as well as The Mortage Buyer, Inc.


Where can you sell a mortgage note?

There are a few companies that will purchase mortgage notes but an individual can also sale a mortgage note to another individual. These companies include FNAC USA, Nicholas Dicaro, and The Mortgage Buyer.


What service does Note Buyers of America offer?

Note Buyers of America is a company that purchases notes from their customers. They purchase many types of notes including bank notes, mortgage notes, and many other kinds of notes.


Where can you find notes for the enduring vision 3rd edition?

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Where can one find a note buying mortgage?

Mortgage notes can be readily bought from many note brokers around the world. These brokers can give you the potential of accessing better deals. Primarily, the purpose of these notes is to improve investment potential.


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