Update: Well I got to see my lawyer earlier than expected. Overall, I would say it was good news. He filed a motion for a modification on my Chapter 13. Basically, I'm giving up my house. He explained that the mortgage company will object and other motions/hearings will happen over the next several months. He said worse case scenario, the remaining amount on my mortgage(whatever is left after the house is sold or auctioned) might be added to my Chapter 13 payments(a re-adjustment of the monthly payment) as he described. However, with my recent pay cut he feels the re-adjustment might not be as drastic as I was assuming.
The weird thing is, he told me I will probably remain in my house for at least 18 months. He explained that in addition to the Bankruptcy court, the mortgage company has to go through the State court(Florida)as well. I guess with all the foreclosures in this state, its a huge back-log (as he described).
I just have two quick questions if anybody has some insight:
1) When this is all said and done, is it hard to find a place to live(rental) when your in a Chapter 13?
2) Even though I am not making mortgage payments anymore, and the motion was filed etc, does the mortgage company still pay homeowners insurance and taxes etc?

