Question on Avvo.com:

I am in the process of filing chapter 13 to stop a home foreclosure. A few days ago, I received a letter from my mortgage company (who holds the note) stating my loan servicing would be sold to another company. Do I include both mortgage companies on schedule A or just the new loan servicer?

Answer:

Chapter 13 is a very complicated process. It is important that you consult with an experienced bankruptcy attorney to discuss your options, and the consequences of filing. In order to try to save your home, the Chapter 13 filing must be done right. And, it’s not just a matter of filling out forms. Filing any type of bankruptcy on your own is not an easy task, and you could still lose your home, or you create further problems. Most bankruptcy attorneys offer free consultations, as I do, and that’s the best place to start.

Daniel J. Winter
BankruptcyLawChicago.com
312-789-9999
djw@DWinterLaw.com

Any advice given is general in nature and cannot be relied upon until the client retains the attorney after a full interview and review of the facts of the situation. No attorney-client relationship exists until a retainer agreement is signed and fees are paid. less