parsoc Posted January 24, 2008 Report Share Posted January 24, 2008 Am waiting for answer from my attny. but am asking the group if anyone has experience with this or answers. We've retained an atty for purposes of filing a 7, haven't gotten the whole fee paid yet. In addition we are 1/2 payment behind ($800)...in this state payments have to be current to file a 7. Lender has submitted request for deferral and/or hardship plan so hopefully that will work. Our ARM is due in May so the payments may go up drastically; she talked about a refi now, then I disclosed what our BK plans were and all our "extra " money is going to the attny. Also talked about how with current credit a refi seems impossible, during the process may not be possible, and after discharge, who knows?I think I've seen other postings about "life after BK" and someone getting a mortgage after discharge...I would think a refi would be just as "easy" since debt to income ratio is drastically improved, at the very least. The lender is Beneficial (originally HFC) and we've been with them 4 years, and previously for another period of time (same house) We'd love to avoid this increase in %% but it just doesn't seem possible now.Any thoughts? Link to comment Share on other sites More sharing options...
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