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    Help!

    Hello Everyone,
    in 2011 my HUSBAND filed chapter 7 BK, I did not. Our mortgage was included BUT, Bank of America allowed us to do a "pay and stay" so we have paid our mortgage payment every month on time.
    I received a letter today stating our mortgage has changed creditor, and that the servicing entity has not changed. I don't quite understand this so here is my question......

    Since we were doing a "pay and stay" with BofA .is it possible we may have trouble from the new creditor, or even face a foreclosure from them?

    We would like to keep just paying every month, but I fear since the mortgage was released in BK the new company may force a foreclosure, can they do this?
    Please respond I truly appreciate any answers i will receive. I forgot to mention in the letter it states "This letter does not identify or otherwise change the address where you send your mortgage loan payments" which I assume means to keep sending them to Bank of America.

    I do plan to file my own Chapter 7 bk in the winter due to many many medical bills, when I file I will be including the house also. We are both almost 70 years old with only a state employee pension. Our hope is that we are not forced into foreclosure proceedings.
    Thank you all so very much for any info you can give us.

    #2
    No need to worry. Mortgages change hands all the time, having nothing to do with the filing of a bk. Not a big deal. Just keep paying the servicer.

    Des.

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      #3
      thank you so much for your reply............this is kind of scary because we have never faced any type of legal action other than my husbands BK....thank you again

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