Posted on: 06th Nov, 2013 08:48 am
I filed Chp 7 in NJ in Feb of 2011, Discharged in June 2011. I filed alone as the majority of our debt was in my name. My wife didn't file with me. Now we are hitting a point where we can no longer make our mortgage payment. The house wasn't included in the discharge, but my credit report is saying it is. No reaffirmation letter to BoA, and on my monthly statement is says i'm no longer liable for this debt due to my discharge.
So if i walk away from this house, will my wife still be liable? but our statement is addressed to both of us. HELP!! Confused!!
So if i walk away from this house, will my wife still be liable? but our statement is addressed to both of us. HELP!! Confused!!
Hi Mario,
If your wife is on the mortgage and has not filed bankruptcy, then she will be liable for the payments even if you move out of it. The lender will come after your wife in order to recover the dues.
If your wife is on the mortgage and has not filed bankruptcy, then she will be liable for the payments even if you move out of it. The lender will come after your wife in order to recover the dues.
Hi Mario,
You should contact your bankruptcy attorney and he will let you know whether or not your mortgage and the property was included in the bankruptcy filing.
Thanks
You should contact your bankruptcy attorney and he will let you know whether or not your mortgage and the property was included in the bankruptcy filing.
Thanks