Posted on: 08th May, 2008 06:08 am
we filed ch. 13 bk and it was discharged 8/07. i am delinquent on our second mortgage. i just pulled our credit report and it states under the second mortgage creditor: reaffirmation of debt. what does this mean? are they foreclosing?
how do I get reaffirmation if the lawyer didn't have me sign anything but I am still paying my morgage and the bankruptcy is already final
Hi sherri!
Welcome to forums!
You can contact your bankruptcy attorney and ask him to provide you with the reaffirmation agreement. If the bankruptcy has been discharged, then you will have to re-open the bankruptcy filing and then reaffirm the mortgage.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You can contact your bankruptcy attorney and ask him to provide you with the reaffirmation agreement. If the bankruptcy has been discharged, then you will have to re-open the bankruptcy filing and then reaffirm the mortgage.
Feel free to ask if you've further queries.
Sussane
I did chapter 7 in 2009 my mortgage was never reaffimed. At this point I want to walk away from it since the house market are bad, I own more than the house value
hi dee,
as you never reaffirmed the loan after your chapter 7 bankruptcy filing, you are not personally liable for paying the loan. so, you can walk away from the property. the lender won't be able to come after you in order to recover the loan amount. he will sell off the property in order to recover his debts.
thanks,
jerry
as you never reaffirmed the loan after your chapter 7 bankruptcy filing, you are not personally liable for paying the loan. so, you can walk away from the property. the lender won't be able to come after you in order to recover the loan amount. he will sell off the property in order to recover his debts.
thanks,
jerry
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