PC with 2nd he can't cure inch 13

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Reply-To: Craig J Beauchamp
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I have Spanish speaking PC who had 1st and 2nd in 2006 with Countrywide.
2nd was interest only with Balloon. Defaulted years ago. loan has been
assigned and reassigned several times now with Wilmington fund serviced by
FCI.
arrears 80k. total loan value unknown. Originally $101k.
PC under means. equity in house $115k. less after sale.
I know 552(f) doesn't apply. Lender is offering to modify but terms
unreasonable.
Anyone know if PC files ch 13 he can get better loan mod terms?
He desperately wants to keep the house as he has 3 kids and can't afford a
move.
Any suggestions
He did file Ch 7 in 2011 when 2nd was unsecured. can it be avoided now?
Craig
I have Spanish speaking PC who had 1st and 2nd in 2006 with Countrywide. 2nd was interest only with Balloon. Defaulted years ago. loan has been assigned and reassigned several times now with Wilmington fund serviced by FCI.arrears 80k. total loan value unknown. Originally $101k.PC under means. equity in house $115k. less after sale.I know 552(f) doesn't apply. Lender is offering to modify but terms unreasonable.Anyone know if PC files ch 13 he can get better loan mod terms?He desperately wants to keep the house as he has 3 kids and can't afford a move.
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