If you have obtained a loan modification, you may have heard that banks routinely do not honor them despite finalizing them with you. This is very common. You can lock-in the payment on your loan modification through a Chapter 13 bankruptcy. Once the court approves the payment to the lender through the bankruptcy plan, the lender is forbidden from unilaterally changing the payment term during the plan time frame.
Contact Matt Wadsworth, bankruptcy attorney practicing in Salt Lake City and Ogden areas.
Arnold, Wadsworth & Coggins Attorneys is a premier Utah law firm serving the Wasatch Front in the areas of family law, bankruptcy, criminal law, and civil litigation. Our attorneys provide clients with exceptional legal representation and personal attention. With over 35 years of trial practice and litigation experience, we bring big firm expertise at affordable rates
