Posted on: 28th Sep, 2010 08:10 am
My chapter 7 was discharged in March 2009. I made payments up to June 2010. I plan to give the Lender a Quick Claim Deed to the Lender prior to the end of 2010 in order to avoid real estate tax liability for 2010. Can you give me a ballpark time frame before the lender starts foreclosure proceedings?
Hi rene,
Once you surrender the property to the lender, he will start the foreclosure process. You'll have to leave the property so that he can list it in the market for sale.
Thanks
Once you surrender the property to the lender, he will start the foreclosure process. You'll have to leave the property so that he can list it in the market for sale.
Thanks