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Need help to get out of this

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bmore2006



Joined: 08 Sep 2006
Posts: 2

PostPosted: Fri Sep 08, 2006 11:04 am    Post subject: Need help to get out of thisReply with quote

I live in Baltimore MD. I am currently in a Chapter 13 that will probably be dismissed next week due to missed payments. I am 2 payments behind in my mortgage. My loan amount is about 75K, home is worth about 115-120k and I am unsure of how soon the mortgage company will proceed with a foreclosure.
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The Mortgage-Pro
Site Admin


Joined: 19 Jan 2005
Posts: 2248

PostPosted: Mon Sep 11, 2006 5:55 am    Post subject: Reply with quote

If you have missed a chapter 13 bankruptcy payment we do not know of any mortgage lenders who will refinance your loan.
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bmore2006



Joined: 08 Sep 2006
Posts: 2

PostPosted: Tue Sep 12, 2006 2:55 am    Post subject: Reply with quote

If it gets dismissed and I am no longer under the proctection of the bankruptcy, can I refi then?
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The Mortgage-Pro
Site Admin


Joined: 19 Jan 2005
Posts: 2248

PostPosted: Wed Sep 13, 2006 11:42 pm    Post subject: Reply with quote

We do not know of any lenders who will refinance you once you miss a chapter 13 payment.
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