December 2013 I filed Chapter 13 bankruptcy. In Richmond,
December 2013 I filed Chapter 13 bankruptcy. In Richmond, VA. My original attorney left and passed away shortly after my Chapter 13 was filed. Another attorney took over my case, whom I met with briefly and I've only had a few communications with him during my entire Chapter 13. February 15th 2017 nearly 4 years later after making all my payments to the trustee on time and never late, the attorney calls me to tell me I have not been making mortgage payments for the duration of my bankruptcy. My understanding was that my mortgage was being paid in my payment to the Trustee since I've received my annual statement from Wells Fargo showing interest paid every year during my bankruptcy so I could file my taxes. He then tells me that a lot of people make that mistake. That's good to know, but why wasn't I told that nearly 4 years ago. I have 10 months left in my Chapter 13 payments and now I find that my family is going to be homeless. Wells Fargo is selling my home in 60 days because they filed for Motion to Relief on March 31st 2017 and it was granted. I was not informed by my attorney that I was supposed to make separate payments to Wells Fargo along with payments to the trustee and NO ONE informed me during the entire bankruptcy that payments were missed. I'm left on my own to work with Wells Fargo to save my home, but they simply state that my attorney should have informed me. Why did Wells Fargo wait 4 years to file a Motion for Relief, why didn't the attorney say anything to me about this in almost 4 years?I am the layperson, this was my first bankruptcy and I am not familiar with the process outside of what is explained to me by counsel. I hired an attorney so I could have peace of mind knowing that I am taken care of and everything is done correctly. Now I am in dire straits and about to lose my family home. I want to keep my home, I am fighting to keep my home. I want is to stay in my home. My family is facing homelessness because no one took the time to reach out to me and educate me on the process and let time pass until nothing could be done. Can anyone help me?
I am currently starting a chapter 13.I sat through the
I am currently starting a chapter 13.I sat through the creditors meeting last month.I have started making paymentsure to the trustee.My home is not included in the chapter 13 as I am current.Since I did not pay my motgage for 2 years they offered me a loan modification which I am current.I am now 45 days late on my mortgage.Wells Fargo told me that they can motion to relief if I did not pay at once.My question is,what are the chances that they can foreclose on my home if I am 60 days late?
List of facts & in need of resolution 1. dissolution
list of facts & in need of resolution1. dissolution petition filed last year2.spouse filed chptr 13 in the middle of divorce-stopping it- in late 20153. in bk court for 9 months- with no payments being made by spouse4. finally dismissed-but now all property in jeoparday- spouse being very difficutl-attempted to get him to sign loan modification he said no5. stay lifted-however-judge put divorce case on hold until 1-176. i was forced to file chptr 13- 2 weeks ago to save houses, vehicles, etc.7. however since spouse has 1 vehicle that is in his name only- and my daughter drives the car-for college- and he didnt pay on it during that 9 months- it was in his bk- however before this "bad faith Bk13"car payments were in good standing- now approx. 12k in the rears-8. since car in his name-i was told cant put it in my chapter 13-is this true?- if so what can we or I do?-since spouse is the one who has me under duress?9. please dont say go to family court the divorce judge is cluless- can a motion be made with bk court- letting the bk judge know that i was forced into bk13-by spouse- while going through divorce-and how the vehicle in question needs to be put in my bk13-10. final question for you is can i put the vehicle on-since i did inform the bk court that spouse is a codebeor? and how do i get the information that the reason why i am in the bk13 court is because of spouse's fiduciary misconduct?
I spoke to you about our Mortgage before with a bankruptcy.
Hello I spoke to you about our Mortgage before with a bankruptcy. Now I would like to know, we had a Modification done at the same time because we were days away from loosing the house. In that Modification they added all of the interest in that we would have paid over the time of the orig. loan. We did not realize it at the time because we were so frazzled. The Attorney put the papers in front of us and said that they got it for us and we were so relieved not to loose our house. So my question is there any way to recuperate any of the money the Seterus took advantage of us for or not? Don't they have laws now. We had tried to work with them prior to the Attorney getting it for us with Chase but even after taking everything up to DC for them and faxing paperwork to them Chase would not do it and sent it to Seterus. Aren't there laws in place about these companies who take advantage of people just because they are desperate. Thank you
Story short, in 2010 my wife and I were granted a Chapter 7
Long story short, in 2010 my wife and I were granted a Chapter 7 and released from all our debt including the mortgage on the house where we live now, both my Wife and I are on the original 2004 First Residential Mortgage Fannie Mae loan It was then sold to Bank of America. In 2012 I (not my wife) modified the loan through Bank of America under HAMP, once again I am the only one that signed any of the paperwork from Bank of America for the HAMP agreement. As soon as I signed the agreement the mortgage was sold to Green Tree who serviced it up until September of 2015 at which time the Mortgage was sold to Ditech. All correspondence from both have been as debt collectors.In September of 2015 I quit making payments and Ditech is now foreclosing on the property and a decision will be made in the courts this month; neither Ditech nor the lawyer representing them will be at the hearing but I am considering going.Question - Ditech and their lawyer list both my wife and I as owing the same amount, yet my wife never signed the HAMP loan modification in 2012 and she was released from all debt in 2010. Is this legal?
We are in the 3rd year of 5 year chapter 13 on our home.
We are in the 3rd year of 5 year chapter 13 on our home. The goal was to stay in our home, have the 2nd mortgage forgiven and either sell or continue in the home after the plan finished depending on our situation. We were paying an adjusted monthly amount + payment to trustee that was based on estimated loan Mod through the HAMP program. 2 yrs back our loan mod was denied by the lender but we continued, per advice of our attorney, to pay the adjusted payment amount according to the plan (without fail for the next 2 yrs). Just last Friday the lender notified us we were in default of loan agreement for $38,000. This was the sum delta from the actual monthly payment per our original note with the lender and the adjusted plan payment and that we had 10 days to pay to avoid foreclosure. Prior to entering chapter 13 plan, we had already been in default for $115,000. It is likely that even after we pay this $38,000 that the bank will also ask for the pre-petition default amount to also be paid to avoid foreclosure (which we can't do).We are paying our cars separate from this payment plan so the home is the only thing effected. The concern is if the home is now foreclosed on that the 2nd loan will essentially come back and become a personal debt no longer secured by the home. We are devastated to lose our home of 17 yrs and really want to know what our options are at this point. Is there anything short of paying the $115k + $38k in a balloon payment to stay in our home? The attorney we have has never been on top of the details from the beginning and we only did as we were advised (perhaps we should have been more diligent ourselves). Our remaining mortgage balance is $502,000 and even with the defaulted amount owed still has some equity (which is why I'm sure the bank has decided to foreclose).1. How can we stop foreclose?I realize this is a a lot to ask via this type of service, we need help.Thx
I would like to file an adversary proceeding against my
I would like to file an adversary proceeding against my creditor in my chapter 13 proceeding for validation of debt I am representing my self. I received a loan modification and was issued a 1099-C for cancellation of debt. In my case, they are claiming I still owe the complete debt. They are attempting to get my case dismissed
This question is in regards ***** ***** chapter 13 case that is
This question is in regards ***** ***** chapter 13 case that is almost due for discharge (one month away). Debtor has a primary mortgage and a HELOC. Primary mortgage payment was part of the plan and is current. HELOC is NOT current and after discharge, there will be a foreclosure filed on her house due to the HELOC default. Debtor is looking for advice on the best strategy.Debtor has a parcel of land that she can sell after the discharge that would pay off the HELOC in full, but simply needs some time for the sale to go through (maybe a couple of months, post discharge). What strategies can be employed here?My thoughts -- please let me know if any of these work, AND please provide your suggestions:(a) Try to negotiate with the creditor? Can the bk department be contacted to see if we can work something out? How likely is this?(b) Maybe file some type of motion that would delay the discharge 30 days Rule 4004(c)(2) -- is this a possibility?(c) Anything else?Thanks for your help.