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    what is surrendering

    What exactly is the process of surrendering a home when under chapter 13 bankruptcy?

    #2
    Welcome to BK Forum - glad you found us!

    Originally posted by smokedurhonda View Post
    What exactly is the process of surrendering a home when under chapter 13 bankruptcy?
    Call your Ch 13 lawyer who will call your mortgage company to arrange the surrender. How long you have to stay in the home before it's foreclosed will depend on which state you live in.
    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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      #3
      thank you for your response, i just wasnt sure on what the terms were.

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