Real estate blog entries tagged with bankruptcy by Orville Ivor McCallister (Keller Williams Realty La Mesa)

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Home : Blogs : Orville Ivor McCallister : Orville Ivor McCallister's Blog : Tag "bankruptcy"

bankruptcy: If I file for bankruptcy how does that effect my eligibility for a mortgage modification? - 01/28/09 07:03 PM

If I file for bankruptcy how does that effect my eligibility for a mortgage modification?

If a bankruptcy is filed and you include your mortgage in the BK foreclosure is stopped but you are then not eligible for a mortgage modification. Secured loans like mortgages are not eliminated by a BK. After the bankruptcy is finalized or the mortgage is removed from the BK filing a mortgage mod can be done at that time.

If you or anyone you know is in trouble with their mortgage, please give me the opportunity to show them their options.

Orville McCallister
… (1 comments)

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Orville Ivor McCallister

San Diego, CA

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Keller Williams Realty La Mesa

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