Legal Question in Real Estate Law in Maryland

owner and co owner bought a home. owner filed ch 7 br. can a loan mod be done with just the co owner using their financials or do both owner and co owner need to provide financials to do loan mod. BOA is the mortgage holder.


Asked on 2/13/11, 8:56 am

1 Answer from Attorneys
Phillip M. Cook Cook Legal Services, LLC

If you are both on the loan, the you will both have to cooperate with the loan modification. The fact that your co-owner filed chapter 7 puts you in an unenviable position. Hire a Maryland creditor's rights attorney quick!

Best of luck.*****The above is for informational purposes only and does not create an attorney-client privilege.*******

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Answered on 2/13/11, 3:34 pm


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