Topic: Late payments before filing g a chapter 13 bankruptcy
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@alexcarlucci Is your client trying to execute a C.O. Refi to pay off the debtors named in Chapter 13? If yes, contact your borrower’s lawyer and ask them to email you the proof of payment leger. If that leger is good to go with no payments missed or showing lates, the lawyer will email you a letter on company letterhead stating so. Then the judge will more than likely sign off on the transaction. Usually, that will force the underwriter to comply. You will need a 24-month bank transaction statement from the borrower as well.
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This reply was modified 2 years, 10 months ago by Dustin.
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This reply was modified 2 years, 10 months ago by