Loan Modification Forum - LoanSafe.org - View Single Post

snapple candy · 06-11-2009, 12:31 PM

Pb,
I am not so sure Chapter 7 is every 8 years. I think it is more like 4. Yes, I think you are right, 2nd can be stripped in 13. So you want to try and wait until you get final mod if possible before filing? You may want to go to cash only basis for awhile and stall the cc's some how from getting judgment. I dont know if I would be concerned about Chase changing mid-stream if you file BK. Is your attorney very helpful in guiding you on this?
I am 100K underwater as well. Did Chpt 7, 2 years ago. I am hearing alot of HELOCs willing to settle on very small amount. I just put my heloc in at Chase/WAMU. When did you put your in? I called yesterday and they said I would hear back in a couple days. Already starting trial payments for 1st. Dont know if that gives HELOC a priority for a workout. Ill let you know how it goes.

06-11-2009, 12:31 PM	#61 (permalink)
snapple candy Senior Member Join Date: Feb 2009 Posts: 1,307 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: WaMu/Chase Mod Moving Forward Pb, I am not so sure Chapter 7 is every 8 years. I think it is more like 4. Yes, I think you are right, 2nd can be stripped in 13. So you want to try and wait until you get final mod if possible before filing? You may want to go to cash only basis for awhile and stall the cc's some how from getting judgment. I dont know if I would be concerned about Chase changing mid-stream if you file BK. Is your attorney very helpful in guiding you on this? I am 100K underwater as well. Did Chpt 7, 2 years ago. I am hearing alot of HELOCs willing to settle on very small amount. I just put my heloc in at Chase/WAMU. When did you put your in? I called yesterday and they said I would hear back in a couple days. Already starting trial payments for 1st. Dont know if that gives HELOC a priority for a workout. Ill let you know how it goes.