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Bankruptcy

: The Law of Second Chances

Litton Loan Servicing

By R. Grace Rodriguez, Esq.

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I have a client who I filed a chapter 13 bankruptcy on the eve of foreclosure. Her lender is Litton Loan Servicing. Her payments are too high and I doubt she will be able to complete her chapter 13 plan. However, with a loan modification she could do it. She applied previously and had been turned down. I called Litton Loan Servicing Bankruptcy department and they are going to send us an application. The standards for loan modification are different if they are in bankruptcy so she will qualify to be reviewed again. This is what I was told. Let's see if there is any truth.

Full post as published by The Law of Second Chances on March 19, 2010 (boomark / email).

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