Modifying your Mortgage in a Chapter 13 Bankruptcy

Can I modify my mortgage after my Chapter 13 Plan is confirmed? Yes.

Chapter 13 bankruptcies can be complicated. The requirements of how to pay a mortgage and how to modify it differ according to what district your bankruptcy is filed. It’s important to hire a bankruptcy attorney in Cape Coral, Florida, if you live in Cape Coral and want to modify your mortgage in Cape Coral.

Often times, people file a chapter 13 bankruptcy with the intention of stopping a foreclosure. At the same time, they would like to continue modifying the mortgage to lower the payment while they are in bankruptcy. You can continue working with your bank to modify the mortgage while you are in a chapter 13 bankruptcy. Once your modified amount is approved, your Cape Coral bankruptcy attorney will file a Motion to Modify Confirmed Plan to account for your new payment and will file an Amended Budget with the court to show your new expenses. The Court will conduct a hearing and will usually approve the modification.

If you wish to modify your confirmed chapter 13 plan and hire a Cape Coral bankruptcy attorney, call the Rothrock Law Firm today at (239) 206-1948.


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