Hi, thanks for your question. You should hire a lawyer for specific legal advice. No attorney client relationship is created here.
I assume you filed a chapter 7 bankruptcy.
Did you reaffirm on the first and second mortgage during the case?
A reaffirmation is a document you would have signed after filing, but before discharge, that allows the debt to survive bankruptcy.
If you did sign them, then you are on the hook, and they can foreclose and collect on any deficiency.
If you did not sign a reaffirmation, you are off the hook.
You can let them foreclose, and the debt is discharged in your case.
If you have a homeowners or condo association, you are on the hook until the foreclosure is complete.
OTherwise, the lender gets the home back and that is that.
do you have any questions?
It seems that you are away. Hopefully I've answered your questions, if you have more, please respond and I'll answer 'em for ya. Thanks and good luck AmySue.
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