My wife and I are filing bk7 in Florida. We will include the mortgage in the bk. We hope to stay in the house as long as possible until foreclosure. We have paid the 2007 property taxes through escrow and the 2008 insurance. I see a number of posts about keeping the insurance paid until foreclosure which we have covered. But what about the taxes? I see one post that mentions that the lender will be required to pay the taxes to foreclose. Now at that point do we have any liability for the taxes? Will either the state or Countrywide require payment for those taxes. Thanks.
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The back taxes are paid by whoever buys your house at auction.
You keep the insurance current yourself until the auction just in case there's an accident on your property. That way your insurance covers any damages - you don't.I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.
06/01/06 - Filed Ch 13
06/28/06 - 341 Meeting
07/18/06 - Confirmation Hearing - not confirmed, 3 objections
10/05/06 - Hearing to resolve 2 trustee objections
01/24/07 - Judge dismisses mortgage company objection
09/27/07 - Confirmed at last!
06/10/11 - Trustee confirms all payments made
08/10/11 - DISCHARGED !
10/02/11 - CASE CLOSED
Countdown: 60 months paid, 0 months to go
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