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Surender of Property while in a Chapter 13

Posted on: 04th Aug, 2010 06:34 am
we are currently in a chapter 13 bankruptcy plan for another 2 years. we have tried to sell house and were unable to do so, at least for a reasonable amount.

my question is this. if we agree to surrender the property as part of our 13, will there be an additional report on our credit? i was told that since we are still in the 13 repayment plan that it would just be listed as part of the bankruptcy and not a second ding.

anyone know for sure or how i can fid out?
Hi bkarchery,

Your query has been replied to in the given page:
http://www.mortgagefit.com/credit-rating/about41820.html#175566

Take a look at it. I hope it'll help you.

Take care.
Posted on: 05th Aug, 2010 03:30 am
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