Filed chapter 7 and had debt, including mortgage discharged ( non reaffirmed) nov 2011. Mortgage 209000, zillow says house worth 145000 was taxed at 165000 by the county.
Hello, my mortgage was discharged via chpt 7, and we didnt reaffirm and want to stay in the house. We have fallen a month behind on the mortgage and wells fargo put us on a repayment plan. My question is; is there a chance that we can get wells fargo to modify the loan? It seems like it would be cheaper for them to mod the loan rather than foerclose. I hear it costs them an armload to foreclose and the house is underwater as is. Btw mortgage $209000 apr 5.75% worth approx 150000. Thanks
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