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cfortunato
cfortunato, Attorney
Category: Bankruptcy Law
Satisfied Customers: 8023
Experience:  Bankruptcy professor.
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i own a home in florida. It was purchased and mortgaged as

Resolved Question:

i own a home in florida. It was purchased and mortgaged as a second home. I filed bankrupcy Chapter 13 in NJ my primary residence. When I take a look at my credit report it says that the mortgage was discharged. Can this be true?
Submitted: 5 years ago.
Category: Bankruptcy Law
Expert:  cfortunato replied 5 years ago.
Hi JACustomer,
When was your Bankruptcy filed?
Is your Bankruptcy still in progress?
Customer: replied 5 years ago.
July 2009 Discharged Dec 2009
Expert:  cfortunato replied 5 years ago.

If your Bankruptcy was discharged, that means all dischargeable debts - including your mortgages - were discharged. However, if you want to keep your house, you have to continue to pay the mortgage - even though you do not have to - because a Bankruptcy cannot remove the mortgage lien from the house.

 

I think this is what you wanted to know. If not, please let me know.

Thank you.

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