Re: Help!!!
Posted by NJD on December 01, 2008 at 10:58:32:
In Reply to: Help!!!
Posted by Wendy on November 30, 2008 at 16:13:42: A modification is a change to any of the loan's original terms. A modification can include a temporary or permanent reduction in the rate of interest, a reduction of principal balance, or a deferment of payment of principal, or a lengthening of the loan term from 30 years to 40 years or more or any combination.
Marital dischord arising from financial hardship may be temporary. I recommend to many Clients who seemed resigned to divorce that they give serious thought to keeping the home, moving into separate bedrooms if need be, and attempt reconciliation.
If, after the financial problems are resolved you still want to part ways.... do so on solid financial footing.
Follow Ups:
- Re: Help!!! - Mark Elkins 08:52:35 12/02/08
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- Re: Help!!! - Mark Elkins 11:54:44 12/02/08
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- Re: Help!!! - Mark Elkins 11:54:44 12/02/08
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