I've been in Chapter 13 for about three years now, I missed two mortgage payments, and now I have defaulted. I have over $70,000 in equity can I refinance for a lower interest rate, about $10,000 cash out to make some home improvements, and with whom? What bank takes chances with Chapter 13 refinances?
Contact the attorney handling your case. In a chapter 13 filing, any re financing or new loans if someone is willing to finance you needs to be approved by the trustee, but your attorney is who you are paying thru your chapter 13 payment plan, and you need to have them do the leg work for you. Good Luck!
