Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
Hi and thank you for your question. In the future, you can request me to answer any further questions.
If you did not reaffirm the debt (sign a reaffirmation agreement after you filed, to allow the debt to survive after bankruptcy) then the debt will be discharged in the case you filed.
You are still able to keep the home as long as you make payments.
if you did sign one, then you are on the hook for the payments.
You can file a chapter 13 to cure the arrears if you are interested in keeping the home.
Talk to your bankruptcy attorney to see if you did sign the reaffirmation agreement.
if you didn't sign one, the lender will go thru foreclosure to transfer title only, then that's it.
If you have a homeowers association, you are on the hook for the payments until the foreclosure is complete.
Mortgage company declined me of a modification program because of a document not recieveed
try reapplying then.
They said no.
THe chapter 13 can help too, buying you time to refinance or do a loan modification down the line
want to get rid of.
ok, then you don't need to do anything if you did not sign the reaffirmation agreement.
You can let them foreclose, or you can try to sell it too if you wish.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).