mortgage ch7 and close?
UtahMul need some advice. I’ll try to be brief. I am a prefabricated houses that were built before 1976, and since I bought in 1994 (which was easy), it is now very difficult to obtain loans on top. My wife became ill several years ago and we had to get some of our equity. Our only option is to take a new mortgage of 11.5%. We thought it would be possible without the storm and to improve the situation later. Well, that never happened and now we just do CH7 (because of medical debt) and are now walking from the house, because we can not sell (because of someone who wants a loan of 11.5%) and the house is too small for my family. The only reason we have kept long in this house, there is a remote location and the draw will take place on Monday 3/22/10 suurus.Olen meet my lawyer a reaffirmation of the house. The lender said they would not move interest rates, but do not need (tax months ago, I stopped paying for them to talk). But I have consistently told them that I want to keep the house. Do you think the mortgage company would do if I put my foot down and said I want this payment and the interest rate or simply a house. My loan is $ 160K, I’ll pay $ 1,600 per month. I think to tell them I want my taxes are $ 1000 I do not really see a place worth more than $ 160K for 2 reasons …. econmy current and it’s worth, if someone does not get a loan for? The only way I see this place going is when sekkudaVeel money from the buyer a question …. I read that it is fairly easy to buy a house immediately after the ch7 forecloser But if you are now?