Chapter 13 Debt Relief
Nov 06, 2017OUTCOME: Mortgage reduced from $65,000 to $17,847. Debtors completed plan w/ home paid off in full.
Debtors had filed multiple past chapter 13 bankruptcies with other attorneys to obtain relief on their home mortgage. They had never been able to obtain discharge. The mortgage company filed a proof of ... claim asserting they owed $65,000 on their mortgage. Typically, a home mortgage cannot be reduced in bankruptcy. Mishandling by the mortgage company in the prior cases enabled debtors to obtain relief.
