Central District Consumer Bankruptcy Attorney's Association

I tell my clients to get a payment history from their lender and show the new mortgage company they may be financing with that they have always been current, etc.
It's worked so far for 2 clients in the last year.
Nate
Sent from my iPhone: Nathan Berneman
> On Oct 13, 2015, at 3:01 PM, Roland Kedikian rolandk_98@yahoo.com [cdcbaa] wrote:
>
> I ask the client to get a letter from the lender saying they won't refi without a reaffirmation. Have not gotten a letter back yet!
> Roland Kedikian
> Roland Kedikian, Esq.
> Bankruptcy Attorney
> 626 445 2411 (Arcadia office)
> 818 409 8911 (Glendale office)
> roland@losangelesbklaw.com
> http://www.LosAngelesBKLaw.com/
>
>
>> On 10/13/2015 1:56 PM, Holly Roark hollyroark22@gmail.com [cdcbaa] wrote:
>>
>> As most of you know, mortgage lenders refuse to report ongoing mortgage payments after the debtor has received a discharge in a chapter 7. The common workaround is to tell the debtors to obtain a payment history once a year from the lender and file it themselves with the credit reporting agencies. Well that's not working out.
>>
>> One of my debtors reported to me today that the credit reporting agencies will not accept her payment history and that they will only accept a payment history from the lender. Debtor wants to refinance and is (again) being told by the lender that she should have reaffirmed her mortgage in the BK and that they won't refi without a reaffirmation.
>>
>> What do we do now? How do we get some relief for our debtors? This happens all the time and I am sure all of you are getting the furious debtor calls from cases 3 or 4 years old who are mad because you "failed" to reaffirm their mortgage in the BK.
>>
>>
>>
>> Holly Roark
>> Certified Bankruptcy Specialist*
>> and Sports Lawyer
>> holly@roarklawoffices.com **primary email address**
>> www.roarklawoffices.com
>> Central District of California & District of Idaho - Consumer Bankruptcy Attorney
>> 1875 Century Park East, Suite 600 Los Angeles, CA 90067
>> T (310) 553-2600; F (310) 553-2601
>> *By State Bar of California Board of Legal Specialization
>
>

The post was migrated from Yahoo.

As most of you know, mortgage lenders refuse to report ongoing mortgage
payments after the debtor has received a discharge in a chapter 7. The
common workaround is to tell the debtors to obtain a payment history once a
year from the lender and file it themselves with the credit reporting
agencies. Well that's not working out.
One of my debtors reported to me today that the credit reporting agencies
will not accept her payment history and that they will only accept a
payment history from the lender. Debtor wants to refinance and is (again)
being told by the lender that she should have reaffirmed her mortgage in
the BK and that they won't refi without a reaffirmation.
What do we do now? How do we get some relief for our debtors? This happens
all the time and I am sure all of you are getting the furious debtor calls
from cases 3 or 4 years old who are mad because you "failed" to reaffirm
their mortgage in the BK.
Holly Roark
Certified Bankruptcy Specialist*
*and Sports Lawyer*
holly@roarklawoffices.com **primary email address**
www.roarklawoffices.com
*Central District of California & District of Idaho* - Consumer Bankruptcy
Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067
T (310) 553-2600; F (310) 553-2601
*By State Bar of California Board of Legal Specialization
As most of you know, mortgage lenders refuse to report ongoing mortgage payments after the debtor has received a discharge in a chapter 7. The common workaround is to tell the debtors to obtain a payment history once a year from the lender and file it themselves with the credit reporting agencies. Well that's not working out.One of my debtors reported to me today that the credit reporting agencies will not accept her payment history and that they will only accept a payment history from the lender. Debtor wants to refinance and is (again) being told by the lender that she should have reaffirmed her mortgage in the BK and that they won't refi without a reaffirmation.What do we do now? How do we get some relief for our debtors? This happens all the time and I am sure all of you are getting the furious debtor calls from cases 3 or 4 years old who are mad because you "failed" to reaffirm their mortgage in the BK.Holly RoarkCertified Bankruptcy Specialist*and Sports Lawyer
holly@roarklawoffices.com**primary email address**
www.roarklawoffices.com
Central District of California & District of Idaho - Consumer Bankruptcy Attorney
1875 Century Park East, Suite 600 Los Angeles, CA 90067T (310) 553-2600; F (310) 553-2601

The post was migrated from Yahoo.