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Effect of loan modification on Chapter 13 bankruptcy

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I'll complete the Chapter 13 repayment plan soon. It will help me to get rid of the second loan. Now, my lender has made a loan modification offer to me on the first mortgage. I'll have to pay 2.5 percent interest rate for 5 years. Should I accept the loan modification offer? What kind of effect will it have on bankruptcy and its cost? I'm also planning to relocate to Livermore, CA. Will I face any problem after relocating?




It would be better for you to consult with a bankruptcy attorney and ask them!!!


Sub: #1 posted on Mon, 07/29/2013 - 10:30

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Yup...talk to your attorney.


Sub: #2 posted on Tue, 07/30/2013 - 01:45

SOAPLADY SOAPLADY
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