For PMI insurance on a home loan

Isn’t it the responibility of the Loan company to evaluate this annually?

Loan Company is asking for $300.00 for an apprasial. I’ve always been told that it was a law that the loan company had to automatically stop deducting this fee when the loan to value ratio was @ 75% or less.

The rule is that happens automatically when you reach 75% based on the original amortization schedule, not on the new appraisal.

Will filing for bankruptcy benefit my home loan modification case (currently under review)?

I am doing a loan modification on my house. I am current on all debt payments (credit cards, car loans, car insurance, etc.) except for the mortage payment (includes home loan insurance and property taxes). will it benefit my loan modification review if I do a bankruptcy (thereby eliminating my credit debt, etc)? I am aware of the consequences of a bankruptcy. Please let me know.”

There is no benefit to bankruptcy if you are up to date on your unsecured debt. There is a good chance you would spend a bunch of time and money going through the process and end up in Chapter 13 with only a small reduction in your payments. Things like car insurance could not possibly be reduced by bankruptcy and may actually go up if your credit is trashed.