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Loan Modification Motions After Opening a Chapter 13
Dear fellow CDCBAA members:
The chapter 13 case was opened last week, and this morning my client
notified me that they got the offer from the mortgage company to allow them
to start a trial payment period for a permanent loan modification. If my
client wants to do this, does the Motion to Approve Trial Loan Modification
Agreement have to be approved prior to the client accepting the offer, or
is this done in conjunction, making the agreement without effect until the
court approves? The lender has given my client until the end of September
to respond.
Thanks,
Will Ha
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Dear fellow CDCBAA members:The chapter 13 case was opened last week, and this morning my client notified me that they got the offer from the mortgage company to allow them to start a trial payment period for a permanent loan modification. If my client wants to do this, does theMotion to Approve Trial Loan Modification Agreement have to be approved prior to the client accepting the offer, or is this done in conjunction, making the agreement without effect until the court approves? The lender has given my client until the end of September to respond.Thanks,Will Ha-- CONFIDENTIAL COMMUNICATIONE-mails from this firm normally contain confidential and privileged material, and are for the sole use of the intended recipient. Use or distribution by an unintended recipient is prohibited, and may be a violation of law. If you believe that you received this e-mail in error, please do not read this e-mail or any attached items. Please delete the e-mail and all attachments, including any copies thereof, and inform the sender that you have deleted the e-mail, all attachments and any copies thereof. Thank you.
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