Posted on: 17th Mar, 2010 06:51 pm
Filed BK myself two weeks ago. House was foreclosed in 2009 even though I did try to sell and is realtor still trying to sell it, realtor lost two buyers due to Country wide dragging their feet on short sale. It still sits empty. Now I get a letter from Country wide attornies asking for motion " Relief from automatic stay" in other words they dont want this home included in the bk. I havent lived there since foreclosure. Any ideas how to answer this myself, I have 14 days and cant pay a lawyer.
I should add, that my statement of intention is to surrender the property, like I said, left it in 2008, foreclosed 2009, been empty since. It sounds like the Relief from stay means they simply dont want to allow the BK court to tie this property up until the redemption period ( ie: July 2010) which is why they are asking for this. I dont want the house obviously BUT, does this ALSO mean they are asking NOT only for the ability to continue foreclosure but does it mean they do not want the court to allow me to include it in my BK allowing them to come after me later for any deficiency?
Hi lmiller,
Your query has been replied to in the given page:
http://www.mortgagefit.com/bankruptcy/shortsale-automaticstay.html#155751
Take a look at it. Hope it helps you.
Your query has been replied to in the given page:
http://www.mortgagefit.com/bankruptcy/shortsale-automaticstay.html#155751
Take a look at it. Hope it helps you.