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  • Spectacular!

    I liked your fast, friendly service. You were all knowledgeable in the area of bankruptcy. Your treatment of me as a client was spectacular! You were great at promptly responding to my questions and concerns. I loved that you provided courteous and quick responses to all my questions.
    --Donna
  • Highly Recommended!

    I have worked with Seth and he is the utmost professional in how he works with his clients. If you need an attorney you can trust I would highly recommend the Law Office of Seth Hanson.
    --David
  • Very Professional.

    Everyone was very professional and efficient. Seth, and everyone that I had contact with were very knowledgeable. I was very pleased with how we were treated by his staff. My questions were always answered promptly. I was very pleased with the service I received and would not hesitate to refer someone to your firm.
    --Anonymous
  • Non-judgmental.

    You were very open and answered all of my questions. You never made me feel like I was asking a dumb question. I was comfortable with your knowledge of the law. It was hard for me to make this decision to move forward in my life. Everyone was friendly to me and respectful. Non-judgmental. Every question I asked was answered promptly and appropriately. I would recommend you.
    --Anonymous
  • More Than Expected!

    I found the firm's representation to be more than what I expected. I was always kept in the loop, all my questions were answered (whether or not I asked more than once the same question), and I felt completely supported by the firm staff when going through this (at times) scary ordeal. Thank you again.
    --Joanna
  • Very Impressed!

    I liked that you had very friendly, caring staff. You were all very knowledgeable. Your treatment towards me was excellent and you quickly responded to all my concerns. If a friend asked of your overall impression, I would say that we were very impressed and we would recommend you to them.
    --Danielle

Can I Refinance My Home While In Chapter 13 Bankruptcy?

With interest rates low and home values rising, you may be considering refinancing your mortgage. But can you do this if you are in a bankruptcy or are considering filing? The good news is that it is possible to refinance your mortgage loan while in an active bankruptcy. However, you will need to seek the court’s approval before the agreement and finding a lender can represent an obstacle for those who are already in an active bankruptcy.

When you file for bankruptcy, your credit score takes a hit and as a result finding a new lender who will work with you on a refinancing agreement may not be super easy. To help with this step, you will want to have a recent copy of your credit report and proof that you are current on your Chapter 13 plan payments. You can give these pieces of documentation to lenders to see if they will consider working with you. Once you have found a suitable lender, a motion will need to be filed and approved by the court before you will have permission to take on the new debt.

If you are interested in preparing and filing such a motion, our office will need from you copies of
the loan paperwork showing the terms of the new loan. If you are trying to take cash out through your refinancing, the court will likely require that you turn over any surplus loan proceeds to the trustee so that they may use these funds to pay your creditors. This may permit you to conclude your case earlier than expected by paying off 100% of your unsecured debts. If you are considering this, please contact your attorney so they can look at the circumstances of your case and advise accordingly.

Are you looking at bankruptcy, but want to refinance your mortgage loan in the near future? To see how we can help you today, please feel free to reach out to your Yuba City bankruptcy attorney at (530) 797-4402.

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