Bankruptcy and HAMP Program – Qualifying for Mortgage Loan Modification

The US Treasury Department recently changed its policy for HAMP (Home Affordable Modification Program) with respect to borrowers in bankruptcy.  Previously a borrower that was in an active bankruptcy case (Chapter 7 or Chapter 13) was eligible for HAMP “at the servicer’s discretion.”  At the urging of the National Association of Consumer Bankruptcy Attorneys and others,Read more

Jerry A. Meadows, Attorney at Law

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