Loan Modification Motions After Opening a Chapter
I typically use a motion for order authorizing debtor to enter into the loan modification agreement while my client is in the trial phase, not a motion related to the trial phase.
See 2:14-bk-16028-SK for example.
Law Office of Peter M. Lively * Personal Financial Law Center I
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On Tuesday, September 17, 2019, 08:45:12 AM PDT, Will Ha will.ha@williamhalaw.com [cdcbaa] wrote:
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
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The post was migrated from Yahoo.