I apologize if this question has already been answered but I searched and didn't find anything.
Long story short applied for and was denied a modification back in Dec 2011 was told best (only) option was to do a repayment plan that will catch up the 3 missed payments (which I was advised to miss to qualify for mod). So this causes our house payment to go up $400 per month until Sept 2012. We were struggling to make the payment before the increase so this really didn't help us but thankfully my husband was worked some overtime to help us make the payments for the last 3 months. This month we will not be so lucky. We will either not be able to make the payment or just be late with it. My question is if we are late (by about a week) will they take us off the payment plan and start foreclosure or do you think they may cut us a break?
Any and all responses will be appreciated!