Loan Modification While In Bankruptcy

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Loan Modification with Option One
[June 19, 2008] by Foreclosure Help
Filed under: Loan Modification Assistance, Loan Modification with option One, Need a Loan Modification, We need a loan modification, loan modification while in bankruptcy, stop foreclosure with Option One

If you are facing foreclosure with Option One and need a loan modification we are more than qualified to help stop foreclosure. We have a very unique relationship with Option One and getting a loan modification. We have negotiators that worked with Option One and we have had great success at getting a loan modification help with Option One. We have very experienced negotiators that are more concerned with helping homeowners stop foreclosure with Option One and all other lenders. We really know the and did not just start because of this is the way the mortgage industry has lead and trying to make it work for us. We actually teach loss mitigation and how to get a loan modification for homeowners. Below are a few Option One Loan modifications we were able to workout.

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In September Option One Mortgage returned our payment, with no reason why. When I contacted them as to why they stated that they we going to foreclose on the loan. Stating that we were 5 months behind. This I know is not true, we were 1 month behind I admit and were trying to get caught up. We had been trying to work with the mitigation team but were getting the run around. We need Option One foreclosure help. Once we thought all hope was lost we found a company on the internet that promised to help us. After having us pay them (using the mortgage payments we were keeping in the bank) they had us file bankruptcy (pro se. after paying them could not afford an attorney) We keep getting the run around on the bankruptcy as well. We were told to start sending in our mortgage payments again starting February 2008 which we have done. We have also been paying into the bankruptcy as well. Then when we tried to make the May 2008 payment to Option One they again refused it. Stating we were behind. And I have made every single payment. So now they are threating foreclosure again. This home has been in my family for over 50 years and I do not want to loose it. I have tried to work with them but they don’t return my calls, or anything. When we originally got the mortgage we were told our payments would be one amount but at closing we learned that they were to be at least $200 more. But we have made our payments and they say we have not. Our Mortgage Company is Option One Mortgage please Help me stop foreclosure. We need a loan modification with Option One

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Oct 2007 it went into pre-Foreclosure,” for multiple missed payments. I went on a re-payment plan with Option One, and was told NOT to miss another payment, or an automatic “date of Sale” would occur. I did make HUGE payments ($ 4200/mo) for another 5 months. Then , I received a “miss-leading” letter from them thinking that I was being given a “new” loan with a date for next payment which apparently would skip a month. As soon as I skipped a monthly payment, it went to sale immediately and Option One now has the only Bid on it. I am in Redemption period now, for another 6 weeks. I NEED HELP FAST, I really need help with a loan modification with Option One

we really need help to stop foreclosure in Los Angeles

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Foreclosure help in Florida
[June 16, 2008] by Foreclosure Help
Filed under: Loan Modification Assistance, Need a Loan Modification, foreclosure help in Florida, loan modification while in bankruptcy

If you are facing foreclosure in Florida we can help. We are very familiar with foreclosure law in Florida. Below are homeowners that we have helped stop foreclosure in Florida.

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We Bought our home for $170,000. At the time it was appraised for $190,000. Now it is worth about 120-130. Our mortgage has adjusted and our taxes have doubled and our payment has gone up over $2000.00. We have applied to our loan co to have our loan modified but we cannot get an answer from them and we are now 3 months behind. We need loan modification help. First Franklin is our mortgage co. and we are still waiting for an answer on our situation. Because we would rather get short sale help than foreclose. stop Florida foreclosure.

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We were trying to contact stop foreclosure with Litton Loan to discuss about our situation for months, but there weren’t answer from them until 1 day before foreclose date. And after that there were two people appeared in front of my house and told us that we have to move because the house has been sold in an auction. I have received the letter from Glasser and Glasser P.L.C. said that now the property is belong to The Bank of New-York.
we need a loan modification with Litton Loan services

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filing chapter 13 to prevent foreclosure
[May 16, 2008] by Foreclosure Help
Filed under: filing chapter 13 to prevent foreclosure, loan modification while in bankruptcy, should we file bankruptcy to save my home

If you are facing foreclosure contact us before filing bankruptcy. There are options available that we know about that can help stop foreclosure and keep you in your home. Foreclosure help first there are better options, below are homeowners that had problems but we were able to help.

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returned to work from disability then got Separated caught up on payments and then fell behind work negotiator agreed to forebearance in October (documented) but failed to send documents (documented) Unable to contact negotiator through continuous attempts Negotiator left 2 messages at my home and to my former employer Calls returned still unable to contact negotiator Lender claims agreement was denied due to failure to contact me in march 2008 Told to call back in 30-40 days to see if I could obtain a new negotiator Followed instructions and was told to call once a week Received notice of sale date in May.
Stop foreclosure in New York
City: Hempstead
State: New York
Zip Code: 11550
County: Nassau

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Loan Modifications in Bankruptcy
[March 15, 2008] by Foreclosure Help
Filed under: loan modification while in bankruptcy

I was asked the other day by a homeowner that had recently file bankruptcy. “Can I get a loan modification while in Chapter 13?” the long and short answer is yes.

Within the last year there have been some aggressive attempts from the lenders to help with the foreclosure wave. One such attempt is to intermingle loss mitigation with the bankruptcy department.

Typically, the bankruptcy department and loss mitigation department are separate entities that do not cross, once in Bankruptcy they are no longer loss mitigation programs available and nothing can be done. The problem in the past was if a homeowner filed bankruptcy just before the sale date (auction date) once they are discharged from bankruptcy if not completed the process placed back in foreclosure. The sale date was set quickly once discharged because they were a day before sale. The issue was there was not enough time to set up a program and the house would be sold.

Just last week I was working with a homeowner that is in bankruptcy and they tole me they were being discharged and going back into foreclosure. I was not only able to work out a plan before the foreclosure sale date but I was able to workout a plan while the homeowner was in bankruptcy. I was able to have a loan modification set up and upon discharge from bankruptcy modification paperwork was delivered and the homeowner was able to stay in the house. We were also able to change the interest rate from an adjustable to a fixed rate plan.

The entire negotiation process for a loss mitigation program was handled while the homeowner was in bankruptcy. This particular lender has a few loss mitigation negotiators assigned to the bankruptcy department, good thinking. Learn our processes from the manual that taught the loss mitigation training to our staff.

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