Since we've been in the repayment plan for 4 months we're in a "contractual delinquency" which is what
CW refers to it as....although they said we were not being reported to the credit bureau which I have to request a credit report to make sure that is current.
Will the fact that we're showing delinquent in their account affect us for this new program or any other program for that matter.
Have you heard alot from many of the forum readers as to what would disqualify the borrower from qualifying for the modification. We're soooo concerned that we're going to be stuck with the back pay from the last four months and not be able to pay it and also be reported to the credit bureau and really affect everything we have worked so hard for. Is there any advice you can offer us as to what would disqualify us from being approved. Our income is the same as it was when we qualified for the repayment plan.