There are no mechanisms in bankruptcy that would force a mortgage company to modify the terms of their note. They have a contract, you signed on the line, you agreed to pay, they agreed to give you the money. There’s no mechanism in the bankruptcy code that forces a creditor to do that. However, what we found in this climate, in this economy, that mortgage companies are coming forward and they’re offering clients deals, whether it be a 7 or 13, to modify and to try to keep that debtor in that home.
I Need To Sell Jointly Owned Property
Joint ownership of property can be a great arrangement when both parties agree on how to manage and use the property. However, disagreements can arise over issues such as maintenance, use of the property, or whether to sell it. When co-owners are no longer on the same...