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    mikey111's Avatar
    mikey111 Posts: 4, Reputation: 1
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    #1

    Jan 15, 2009, 06:15 PM
    Mortgage behind
    My 2nd mortgage is behind 6months because of disability they won't work with me don't want to file bankruptcy can't do a refinance credit is bad had to file ch 13 last year had it dismissed won't receiving my disability but now I am want to keep my home what can I do they want me to double up on payment for 2nd mortgage what can be done so they won't foreclose
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Jan 15, 2009, 06:30 PM
    Quote Originally Posted by mikey111 View Post
    my 2nd mortgage is behind 6months because of disability they wont work with me dont want to file bankruptcy can't do a refinance credit is bad had to file ch 13 last year had it dismissed wont receiving my disability but now I am want to keep my home what can I do they want me to double up on payment for 2nd mortgage what can be done so they wont foreclose

    You can try to negotiate or refinance but it appears you've already attempted that.

    Why was your Chapter 13 dismissed?

    Your only hope is negotiating. After 6 months with no ability to catch up, I don't see that happening. Could you make an offer to pay the current month on time with a extra toward the back payments? I don't know if the offer would be accepted but it is a possibility.
    mikey111's Avatar
    mikey111 Posts: 4, Reputation: 1
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    #3

    Jan 15, 2009, 07:04 PM
    Quote Originally Posted by JudyKayTee View Post
    You can try to negotiate or refinance but it appears you've already attempted that.

    Why was your Chapter 13 dismissed?

    Your only hope is negotiating. After 6 months with no ability to catch up, I don't see that happening. Could you make an offer to pay the current month on time with a extra toward the back payments? I don't know if the offer would be accepted but it is a possibility.
    They won't accept anything but a double payment which I can't afford and they bought the loan from another company .what can I do my ch 13 was dismissed because my dissability hadn't come through and I want to file ch 7 but they say my mortgage have to be caught up or pay meant satisfactory showing backpayments arrangements OK with mortgage company
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #4

    Jan 15, 2009, 07:06 PM
    Quote Originally Posted by mikey111 View Post
    they wont accept anything but a double payment which I can't afford and they bought the loan from another company .what can I do my ch 13 was dismissed because my dissability hadnt come through and I want to file ch 7 but they say my mortgage have to be caught up or pay ment satisfactory showing backpayments arrangements ok with mortgage company

    Then I don't see any way out of foreclosure. I'm sorry.
    mikey111's Avatar
    mikey111 Posts: 4, Reputation: 1
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    #5

    Jan 15, 2009, 07:06 PM
    Quote Originally Posted by mikey111 View Post
    they wont accept anything but a double payment which I can't afford and they bought the loan from another company .what can I do my ch 13 was dismissed because my dissability hadnt come through and I want to file ch 7 but they say my mortgage have to be caught up or pay ment satisfactory showing backpayments arrangements ok with mortgage company
    what elese can be done if anything
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #6

    Jan 15, 2009, 07:08 PM
    Quote Originally Posted by mikey111 View Post
    what elese can be done if anything

    Nothing that I am aware of - either bring the payments up to date or the house will be foreclosed. I see no other options.
    mikey111's Avatar
    mikey111 Posts: 4, Reputation: 1
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    #7

    Jan 15, 2009, 07:19 PM
    Quote Originally Posted by mikey111 View Post
    what elese can be done if anything
    what about someone to modify the loan are these companys OK
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #8

    Jan 15, 2009, 07:59 PM

    The company has to agree to modify the loan, and yes, with a chapter 7, you have to reaffirm the debt So there may not be a way.

    There is not always a answer that will help everyoe
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