When should I stop paying the mortgage on a house to be surrendered in Virginia?

markinva

Member

Bankruptcy Newbie

Joined: Nov 2011

Posts: 41

State: Virginia
#1

When should I stop paying the mortgage on a house to be surrendered in Virginia?

11-30-2011, 01:51 PM

Hello. I filed for Chap 13 ( not eligible for a Chap 7) in October. At the 341 meeting on 18 Nov, the Trustee had objections so I am now in confirmation limbo. The claims bar date is 18 Feb 2012, the 341 meeting has been continued to 18 March 2012. I now plan to surrender a second home then. Question is when should I stop paying the mortgages on the house that will be surrendered? Thanks

Stopped CC payments May 2010. Stopped mortgage payments Oct 2011. Filed 13 Oct 2011, Plan confirmed July 2012. Trustee required surrender of second home. Foreclosure sale completed May 2013. Now almost 2 yrs into the 5 yr plan payments
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