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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

Consultant, Diamond Consulting Group

951-970-8025

www.orvillemccallister.com

Posted by Orville Ivor McCallister on 01/28/2009 07:03 PM

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Orville Ivor McCallister

Temecula, CA

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Diamond Consulting Group

Office Phone: (866) 724-3863 x 272

Cell Phone: (951) 970-8025

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