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Somene I know have lived in the same place for 25 years they are on disability. They were paying their mortgage when they decided to go with someone else. This person was a scam artist and now their house is going up for auction.
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Bankruptcy Attorney serving Burbank, CA
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Law Office of Mark J. Markus
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I don't know what you mean by "go with someone else". Do you mean a different lender? If they are behind on their mortgage payments, they can use a Chapter 13 bankruptcy to catch up on the past due amounts over a period of time (usually 60 months), as long as they can stay current with their ongoing mortgage payments. Of course they must have sufficient income to do all that. They need to have a consultation with a bankruptcy attorney in their area.
Mark J. Markus, Attorney at LawCertified Bankruptcy Law Specialist--State Bar of CaliforniaHandling exclusively bankruptcy law cases in California since 1991.http://www.bklaw.com/bankruptcy blog: http://www.bklaw.com/bankruptcy-blog/Follow Me on Twitter: @bklawr
Answered on Jun 14th, 2012 at 6:41 PM