Jefferson County Commission decides to delay bankruptcy decision again al.com (blog)
I actually listened as the agreement was read and debated point-by-point. There are major problems, including 1) requiring damaged, non-working septic tank users to connect to the sewer system(think about the tornado homes); 2) all creditors would no longer be held liable for anything(many ongoing lawsuits against JP Morgan and the rest); 3 rates increases in 18 months that would probably total 25%; 4) contingencies on many, many Alabama legislative actions; 5) contingent on IRS, SEC, other government agencies finding no wrongdoing w/JP Morgan and creditors(JeffCo has no control of this); 6) contingent upon interest rate on June 2012; 7) $250M escrow-like funded by JeffCo to help people who can't pay rate increases(JeffCo would have to borrow the money and the fund would help pay the rate increase portion of the bill, not the bill. These are just a few. The proposal was a trap full of contingencies failure any one of which would invalidate the "agreement". The Sept 16 deadline was the date proposed for final agreement by the creditors. The decision to table it until then was with the idea, via proclamation, that JeffCo negotiate with the creditors, not Young, and that the proceedings be totally transparent. It really helps to see the events as they unfold as I was in favor of accepting the agreement based on what I had heard before the meeting. After viewing the meeting and hearing proposal point-by-point ther is no way the proposal could be approved. NO WAY!!!!
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Can bankruptcy stop foreclosure?
www.lendinguniverse.com Can bankruptcy stop foreclosure? find top 10 home equity loans lenders on http contact Mortgage Lenders, private investors ...
does anyone know where you can obtain a Home Mortgage refinance while in a Chapter 13 Bankruptcy?
looking to refinance my mortgage I am currently in a chapter 13 bankruptcy have been paying my mortgage and the trustee on time
you would need to have no credit lates in the last 12months to do FHA.....
FHA also allows chapter 13buyouts
I want to refinance my two year fixed mortgage. I'm in a Chapter 13 bankruptcy. Any good companies for this?
I have been with the same mortgage company for almost four years. I started with an adjustable mortgage. After two years the rates and payments shot up. I modified with them to a two year fixed. This expires in August. Last November, I filed a Chapter 13 bankruptcy, which includes the mortgage. My attorney says to either work on another modification with the company I have, or to seek out a refinance somewhere else. Has anyone out there been in similar situations? What did you do? Any recommendations on a good company to go with?
I used "Credit Solution" to settle my debt and recover from bankruptcy.They managed to reduce my debt up to 58%.It's legitimate. I came across this company on NBC News Special Edition.Check it out here:
http://click.linksynergy.decenturl.com/credit-solutions-credit-consolidatio
I am looking for way to refinance mortgage asap with bankruptcy involvememt without mortgage involved?
am currently in bankruptcy ch 7 leaving mortgage out of bankruptcy, on verge of foreclosure needing asap to find a different route so i can keep my house
Hi there,
dont worry, you have many options!!!
My name is Jason Fry, i work for Providential Bancorp, a nationwide mortgage lender.. We specialize in working with below average or poor credit, bankruptcy's, foreclosures, 100% LTV loans, High risk loans, etc.
There;s alot of information missing here to give you an accurate analisys..I suggest when you are free, give me a call, i'll gather some basic information, and let you know exactly what you qualify for..
I can help answer any questions or concerns you may have, and be able to help you KEEP YOUR HOUSE!!!
You can call me direct at 312-264-6448, or email me at jasonf@providential.com...
All the other responses i see here say your rate will be through the roof! That tells me they are limited to the amount of resources, and investors they can work with.. I guarantee i not only can help you, but i will be sure to get you into a loan that helps you!!!
Call or email me when you have a chance!
Best of luck!
Jaosn Fry
Providential Bancorp
312-264-6448
Is it true that no one will refinance a mortgage immediately following a bankruptcy discharge?
Not even to refinance from an adjustable to a fixed?
I don't think that is necessarily true. If you did not include the mortgage on the bankruptcy and have a good history on paying the mortgage, no late payments etc. I would start with the company that currently holds your mortgage. You may have to pay a higher rate because of the bankruptcy but that does not mean that they will not refinance it.
It's a good idea to have someone pull your credit after a bankruptcy to make sure all of the accounts that were supposed to be included where, in fact, included.
I'm a licensed mortgage broker in Austin, Texas. My company is http://www.mylendingplace.com
How long after bankruptcy shall I wait to apply to refinance my mortgage?
I filed for bankruptcy in 2004 and I have been paying on it for so long now that I have a chance to pay it on out. I have about a year left to go if I don't pay it on out. I want to refinance my house. If I pay my bankruptcy and my case is discharged, how long shall I wait before applying for a loan to refinance my home?
You can refi once it has been discharged since you are more than 24 months out from your filing date. You will need proof that the BK has been discharged. Once you have this, you can get what is called an Expanded Approval Loan. Lots of the big mortgage company's offer this product (Countrywide, Beneficial, GMAC...). A lot of whether you qualify for this loan will depend on whether or not you have had any deliquency or derogatory credit since your filing date. If you have paid everything on time since 04, the you are probably good to refi as soon as you get the discharge papers. If you have had credit issues since then, the it will probably take an additional 12-24 months after discharge to get a refi.
Good Luck!
http://best-loans.awardspace.com/Bankruptcy.htm
In fact one of the best ways to improve your credit rating is to refinance your home mortgage, this-->will help to improve your credit history in a number of different ways.
Refinancing or getting a 2nd mortgage during bankruptcy?
My friend currently has an ARM mortgage and is in bankruptcy. She needs to know if there is anyway for her to get a second mortgage or to refinance the mortgage she has right now while going through bankruptcy. I told her I didn't believe she would be able until after the bankruptcy but I would check around anyway. Thanks in advance all.
I used "Credit Solution" to settle my debt and recover from bankruptcy.They managed to reduce my debt up to 58%.It's legitimate. I came across this company on NBC News Special Edition.Check it out here:
http://click.linksynergy.decenturl.com/credit-solutions-credit-consolidatio
refinance home mortgage with bankruptcy.Who to contact?
Need to get a fixed mortgage rate
If it is you, then of course you'll contact the lender or a mortgage broker (a good one).
Are there any mortgage companies that would be willing to refinance to someone that has filed bankruptcy?
I have filed bankruptcy in the last year and dont have the best credit but i need to refinance so i dont lose my home. Does anyone know of any companies out there that will work with me?
national city mortgage will, when your 2 years or more out of the b....word...
can you refinance a mortgage while under chapter 13 bankruptcy?
Yes. If you can find a lender that is willing to finance you while in a chapter 13 bk, you need to submit the paperwork to your attorney handling your chapter 13 case. They submit it to the courts for the trustee to approve. Any re-financing or financing of any kind while in a chapter 13 is the final say thru the trustee. Usual process takes about 30 days. So, if the lender is willing to re fi for you, advise them it could be at least 30 days as it takes at least that long to get the trustees approval. Good Luck!
what mortgage can i use to refinance my home while in bankruptcy?
Me...I do both chp13 and chp7 If you have any questions you can email me at Johng@oldmerchants.com
bankruptcy can in mortgage refinance that - News
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Bankruptcy might help save your house - The Patriot-News - PennLive.com Bankruptcy might help save your house Some creditors are actually looking for people who filed for bankruptcy so they can solicit them for credit cards, refinancing their mortgages and even |
Sirius XM… Sirius Money To Be Made or Not - PoliticalLore.com
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Mortgage Fraud: A Scourge of the 21st Century? - Insurance News Net (press release) Mortgage Fraud: A Scourge of the 21st Century? CPAs can be on the front line of defense against mortgage fraud by understanding the schemes and educating their clients. FULL TEXT Erica Crum was a loan |