Posted on: 24th Feb, 2011 07:45 am
We took a bankruptcy almost 6 years ago and did not do a reaffirmation on the house loan. Now we are a few months behind and they are talking foreclosure if we do not get paid up within less than 30 days. On each of our statemetns it has always indicated that have volunteered to make payments. So I am a bit confused as to how the reaffirmation or rather lack of it affects all this. We need about 45 - 60 days to completely clear all this up and they are having none of it so far.
Well as per my knowledge or idea if you have a mortgage of any repetition of the agreement signed after the home and within walking distance of home to be sold if the creditor can hold responsible for a deficiency. State mortgage foreclosure laws and an appropriate course of action is still a bankruptcy lawyer recommend that you check with the current need to determine what it is.