Real Estate Workouts • Avoiding Foreclosure

Real Estate Workouts • Avoiding Foreclosure

Real estate workouts are when the homeowner contacts the lender and explains that you have simply suffered a temporary problem and attempts to negotiate with them to allow you to pay the missed mortgage payments at the end of your contract or at higher payments. Real Estate Workouts • Avoiding Foreclosure Other real estate workouts […]

How To Make Chapter 13 Plan Modifications or Conversions • Video

How To Make Chapter 13 Plan Modifications

Sometimes the Chapter 13 plan needs a modification. Your income might drop which means you need a Chapter 13 plan modification to lower payments. Or, perhaps your mortgage company didn’t file a claim. If that’s the case, now you must file a claim for them and include that claim with a Chapter 13 plan modification. […]

Early Discharge for Chapter 13 Bankruptcy • Video

How to Strip a Kentucky Mechanic Lien in Bankruptcy

If a Debtor makes the majority of his plan payments in the Chapter 13 plan but can not continue to make payments due to no fault of his own, he may ask for an early or hardship Chapter 13 bankruptcy discharge.  The words Hardship Discharge just like inside the plan are not in the code. […]