My question involves bankruptcy in the state of: Florida..I attended a trustee meeting today with the debtor (Mr) of 2 outstanding Second Balloon Mortgages 12 % that are passed due since Feb/2009 $40,000 on a home and $70,000 on a commercial. The debtors wife filed Capter 7 in Feb/2009 and she received her discharge. The husband now was on the hook. I hired a lawyer and started a Forclosesure, the same day he filed for Chapter 7. July 2009 we received a phone call from the debtor and we came to an agreement for payback which was 100,000.00 7.50% with a balloon payment in five years and Attorney fees. When his Attorney read the papers he advised the Debtor not to sign and filed chapter 13. Today we were informed that debtor will be paying us back 70,000.00 at 6% with a balloon payment in 5 years. The 40,000.00 is now an unsecured loan because he has given up the house. And no mention of Attorney fees that are in the origional balloon papers if he defaults. My question is we want to object to the 6 % and we want are Attorney fees. we are also concerned about the wife because she is on the deed and not in the repayment plan......Will this harm us if something happens to the debtor or is it just a lien on the property? The Trustee told us to write and objection to the Judge. Is this something I can write myself or should I retain an Attorney? Because the 40,000.00 is unsecured now can I still go after the Debtor for this money?.....Any advise would be very helpful....Thanks

