1. Truth is, if the lender is not going to report to the credit bureau, the debt to income ration should be minimized by not reaffirming the mortgage.
2. Borrower‘s struggling through a Chapter 13 have a hard time making mortgage payments on time; thus the likely hood of negative information is high if reaffirmed.
3. If not reported, the borrower can name the payment here or there, catch up payment, and pay whatever late fees accrue; all without risking a negative trade line on a credit report.
Are you overwhelmed by debt and struggling to make ends meet? If you’re facing financial challenges in Jensen Beach, Florida, it may be time to consider bankruptcy as a viable
Navigating the complex world of bankruptcy law in Florida’s Treasure Coast can be overwhelming, but with Jon L. Martin, Attorney at Law by your side, you can find a way
When it comes to navigating the complex world of bankruptcy, there’s one name that stands above the rest – Jon L. Martin. With 40 combined years of experience in business
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In addition to being a member of the Bar of the United States Supreme Court, Jon L. Martin is also admitted to the Bankruptcy Bars for the Southern and Middle Districts of Florida in the 11 Circuit, Federal District Courts. Jon is admitted to practice throughout the state of Florida.
