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Posted by Mary Supinger on June 14, 2008 at 03:44:23:
In Reply to: Renigotiate current Bank Loan posted by Nick on May 07, 2008 at 13:09:34:
Yes, it is likely that they would negotiate your loan. They may even cut the loan balance if you do it well. With a well put together loan modification, you might be a great candidate for this.
You didn't mention your employment situation. Is that stable?
Good luck.....write more if you have additional questions.
In closing, seek the advice of licensed professionals in your search for help.