Legal Question in Bankruptcy in California

I would like to know if there will be a problem with filing a chapter 7 bankruptcy in the middle of being offered a loan modification from my mortgage company? I applied for a modification over a year ago and was ignored until this past week. I just decided recently to file for bk due to having too many bills and my husband is retired. I just don't want the bk to interfere with an offer to modify my mortgage. Also, should I reafirm my mortgage and an equity line of credit have for $40,000?

Thank You,

Debra Johnsomn


Asked on 5/09/11, 7:59 am

1 Answer from Attorneys



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