Carl - thanks. I have a good guy representing me but I am looking for second opinions. Brian
I understand. I don't know if I can be of much help as I think it's necessary to know the entire situation to be able to offer any guidance at all, but you should be aware of the Loss Mitigation Program and also the National Mortgage Settlement. The Loss Mitigation Program is a good opportunity to attempt a modification in a much more controlled environment. If your mortgage company is one of the ones that were part of the National Mortgage Settlement, you may have more options than you know.
Take the time to thoroughly discuss these matters with your attorney as well as the possibility of filing for a Chapter 13 bankruptcy. As I said, without knowing all the details of your situation I can only raise the avenues and options that may apply to anyone.