Tag: chapter 13 repayment plan Archive
Obtaining a Loan Modification After Filing Chapter 13 Bankruptcy
Justin Harelik
May 6, 2015
If you are in the midst of financial crisis and your main goal is to stay in your home, the first step is often to file for a loan modification. If you have approached your lender regarding a modification for your mortgage to no avail (possibly multiple times) it may ...
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How Long Is a Chapter 13 Repayment Plan?
Justin Harelik
April 15, 2015
When considering a Chapter 13 bankruptcy, you might wonder if it’s better to get a 3 year pay back in order to get the recovery process started. Being on a fixed budget is an unpleasant prospect for many and thinking of the inconvenience may lead you to desire a shorter ...
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Bankruptcy and Property: Allowing a Home Included in a Chapter 13 Bankruptcy to Foreclose
Justin Harelik
March 27, 2015
If you filed for Chapter 13 bankruptcy, included your home, successfully completed a few years of the agreed upon repayment plan, but now find yourself unable to make your modified loan payment, can you walk away from the home? Can a lender foreclose on a home included in a Chapter ...
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Chapter 13 Lien Stripping: Stripping the Additional Mortgages from Your Home
Justin Harelik
July 10, 2014
petitioners have the option of “lien stripping.” The drastic drop in the value of homes in many regions throughout the nation in recent years has left many homeowners “upside down” in their homes. This well known saying means that the homeowner owes far more on the house than it is ...
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