Hi, thanks for your question. You should hire a lawyer for specific legal advice. No attorney client relationship is created here.
you are allowed to refinance.
I have a Lawyer, obviously, since I filed Bankrupcty -- not sure IF he knows ALL options - I heard there MAY be processes in different states that MAY help me .....
I am allowed to Refinance though at this point ????
Do I need Courts / Trustee Approval ??
This is subject to court approval, so you would bring a motion to permit it when you have a deal
worked with your lender
This is a pretty standard request
As long as the terms are reasonable you should be fine
So, I go to my Mortgage Lender FIRST -- then to the Court for Approval ???
yes, you need to attach the proposed refinance to the motion
One more question ...IF I have someone that would take the place of my sister as the Co-Signer ....Can that happen w/ some sort of paperwork w/ the Mortgage company OR I still have to do a Refinance to make that happen ? That is basically the only way .....
It's up to the lender though if they will let you refinance with just your name. You can shop that around between lenders too
It's usually done thru a refinance
OK...Thank You... I wasnt sure IF I had to get Court Approval FIRST before trying to get a Refinance ......
You would need to get the bank in line first, otherwise you have no info for the judge.
judge wants to know interest rate, payment amounts, balances etc.
Ohhhh OK ..... And, I can "shop" around w/ other Mortgage companies ???
Do you know of any companies off hand that work with people in my situation that would consider doing the Refinance - for someone in my situation ???
It really is a case by case basis. income/expenses etc.
There are companies that will, especially if their is equity.
Your lender is the best place to start though.
OK...thanks for that information! In the meantime, Ill keep playing the Lottery! haha ....
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