Hamp modification after mortgage discharged in ch.7 bankruptcy

· · 0 views
Received hamp final paperwork & in section 1 there is no language about us not being liable for mortgage even though we are doing hamp modification do to the fact the mortgage was discharged in ch.7 bankruptcy.Does mortgage server have to include this statement..

2 Attorney Answers

You really need to sit down with an attorney who handles mortgage litigation like myself to discuss these issues.
I would spend an hour or so with your bankruptcy counsel on this matter and have them review the contract with you. There should also be consideration of 11 USC 524(a)(2) and (j) if this is your principal residence. These contracts should not be entered lightly without consulting with counsel.

Sign in to answer this question.

Sign In or Sign Up as an Attorney