Expert: Terry Leeders - 4/13/2008

Question
I am a 100% disabled veteran due to combat connected disability.  My disability status was just upgraded to 100% by the VA.
I had to leave my job last April due to exacerbation of my disability from a job related incident.
I got way behind on my mortgage and even though I communicated with Countrywide, paid what I could they have put me in foreclosure.
I now have the ability to make the mortgage payments but not the 15,000 in back payments.
They have turned ugly and will not accept anything less than all that I owe to bring the account current.
I am seeing a bankruptcy attorney This coming Tuesday.  She said the bankruptcy can stop the foreclosure and since I can now make the payments, the judge should be able to do something so I don't lose my home.
I offered Countrywide to set up a separate account so my benefit money will come to the bank, and then go directly to them.
They are being ugly.
Can I actually stop the loss of my home this way?
Will it be chapt 13, or 7?
I don't care about my credit standing as it is screwed anyhow.  Since I am 62, if I can save my home that is all that is important.
I didn't ask to get psychiatrically disabled from the Vietnam war and it seems that if I can now make the mortgage payments there must be some protection for a completely disabled combat veteran.
Who knows all I can do is ask.
The loan is a conventional 30 year fixed and not one of those sub-prime disasters.
Any help you can suggest will be highly appreciated.
Thank You,
Most Sincerely,
Donald Loomis.

Answer
Chapter 13 will be designed to bring the loan current, and pay back a percentage of your other debts.  You would make a payment to the court for that, over 5 years.  you would also pay your regular mortgage payment directly again, once the case is filed.  The chapter 13 will stop the foreclosure, and protect your home.