Babi Legal Group, PLLC

04/14/2026

Read more on our website! https://babilegalgroup.com/blog/chapter-13-foreclosure-timeline-in-michigan-what-happens-after-you-file-and-how-it-can-save-your-home/

Call for a free consultation!: 248-434-4110

04/07/2026

Call to get scheduled for a free consultation! 248-434-4110
Be sure to check out the blog on our website!✨ ⚖ https://babilegalgroup.com/blog/debt-workout-michigan-how-business-owners-can-avoid-bankruptcy-and-regain-control/

04/05/2026

03/31/2026

Planning Beats Panic.

03/26/2026

If you’ve been searching online for “Chapter 7 bankruptcy,” “wager garnishment” or “repossession,” you’re early enough in the stages to still plan ahead. Now is the time to contact the experts at Babi Legal Group, who can help protect your rights before it’s too late.

Our attorneys will go over the timeline, risks, asset protection and create a clear next-step roadmap with you during the planning consultation. Then, we’ll help you move the process forward and get you back on track.

For more information, please contact us today.

03/24/2026

Read more on our website! https://babilegalgroup.com/blog/2026-debt-forecast-for-michigan-when-to-consider-bankruptcy-before-it-becomes-an-emergency/

01/01/2026

Happy New Year!

12/25/2025

Happy Holidays!

12/23/2025

Will I Be Able To Ask For A New Loan After a Forbearance Period is Over?

Yes, it’s entirely feasible.
But before you make a decision, you should first calculate how much you’ll be paying each month and whether you can afford a new loan.
You may use a mortgage refinance calculator to compare your current loan and rate to a new one to ensure you’ll save money over time and can pay the same monthly amount on your mortgage rates.
Before submitting a mortgage application for new loan options, be sure to obtain a copy of your credit report and double-check your FICO score and payment history.

For more information on this topic, please visit
https://babilegalgroup.com/blog/cash-out-refinance-after-covid-forbearance/Schedule Your Free Consultation Today
Call 248-434-4110⠀
Or
Visit Our Website https://babilegalgroup.com

12/22/2025

Why Do I Need to Do Three Consecutive Payments?
Refinance after forbearance is possible.
Your refinance timetable is determined by the type of mortgage loan you have.
If you have a regular loan backed by Fannie Mae and Freddie Mac, you must make three consecutive payments after exiting forbearance before even thinking about refinancing.
This means the three payments have to be consecutive on-time payments.
If you have a government-backed loan, such as FHA, USDA, or VA loans, the terms may differ.

Until Before 2020, homeowners had to wait 12 months after completing a forbearance plan before applying for a refinance.
The new rules after this international financial hardship enable borrowers who have experienced financial strain to obtain reduced rates, resulting in additional economic assistance and a better opportunity to make timely payments.

For more information on this topic, please visit
https://babilegalgroup.com/blog/cash-out-refinance-after-covid-forbearance/
Schedule Your Free Consultation Today
Call 248-434-4110⠀
Or
Visit Our Website https://babilegalgroup.com