Q: Court hearing for Loan modification coming up !
My first lawyer told me to sign a paper which was a deal he made with the investor's lawyers to give me six months to sell my home. In the meantime I got a job that pays enough for the mortgage & the back arrears over a period of 55 months. Which I have been doing to bring my mortgage & back arrears current. But the Investor's lawyers are saying now, hold on you signed an agreement to sell your home in six months. I was already told they will have someone there to buy it so they can resell it for a BIG profit. Now that I am paying the mortgage and the back arrears can I be forced to sell my home ? In 6 months I'll get $800.00 more a month. That's $100,000 before taxes I got the new, good paying job the day after I signed that paper. Or did my old lawyer give me bad advice, he is the one that came up with this deal. The investor's lawyers are also saying, I still don't have enough money to pay my mortgage. The mortgage co. is the ONLY creditor I owe ! Anyway out of this ?
A: Have your new lawyer look at it but you can likely avoid selling your house especially if you can prove your first lawyer had a conflict of interest with your creditors. You may be able to simply dismiss your bankruptcy and foreclose action by your creditors.
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A: You need to obtain another opinion by consulting an experienced Bankruptcy attorney. Your situation cannot be evaluated online. This whole situation does not sound right at all.
A:
Hello,
You have options. Talk to your attorney, and if he cannot fix your issues to get you what you want, go to a bankruptcy attorney that also understands foreclosure law.
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