We go passed from Chase to Carrington and had a modification tha fell through. She had it put in the Bankruptcy papers that I would pay the Mortgage. What could happen if I go into foreclosure and can't pay? I am 66 and this is beginning to be a real burden.
Your first action should be verifying whether you did in fact sign as a co-signer on the promissory note for the home loan. If yes, you can file your own bankruptcy case and pursue a discharge of your liability on the loan. If you live in the property, you may want to discuss other options with a lawyer who handles BOTH ch 7 and ch 13 bankruptcy cases. The answer to your question depends on whether you reside in the home and whether you are interested in trying to keep it.
My husband is active duty army. He has just finished his AIT training at Fort Gordon, GA and is scheduled to go permanent party at Fort Gordon on 11/17/10. He was previously divorced and has a 9-year old daughter who lives with her mother in California. He has requested to have his daughter fly to Georgia for the Christmas holidays. Because of Basic Training and the long AIT training, he has not been able to take any leave since exodus fromj Basic Training last year so its been 11 months since he has seen his daughter. His ex-wife has denied his request and has stated that he is more than welcome to fly to California and spend a couple of afternoons with his daughter. It seems as though my husband is being denied his parental rights because he is in the military. What avenues can he take to correct this? Needless to say we have very little money for an expensive trial.
In addition, he is paying 650.00 per month in child support which is equivalent of 40%% of his E3 pay. Can child support also be adjusted to reflect his decreased income?