2nd lien closed out prior to close of BK13

[ABC]

My 2nd was unsecured and with Chase Bank. Originally the charged off the loan prior to BK and they didn't even file a claim. My attorney listed them as a Debtor but with ZERO balance.

Today I received a letter from them that they are removing the 2nd lien from title and I don't have to do anything. They'll complete it within the next 30 days. I have 7 payments left. This sounds almost too good to be true.

Is this legit ? Would this allow me to sell my home prior to closing the CH13 BK ?

[spidge]

Many non performing 2nds have been forgiven and liens removed over the last couple years now. I would give them a couple of weeks and go to your county clerk to check for any titles or actions to confirm it was completed.

Congrats. I'm jelly.

[justbroke]

My 2nd mortgage was forgiven after my Chapter 7 discharge. It was unexpected but truly appreciated. (I had successfully stripped the 2nd in my Chapter 13, but I converted to a Chapter 7 which revived the lien. The lender, Bank of America, sent me a satisfaction of Mortgage about 2 years ago.)

[ABC]

Can I sell my home even though I have a few months left in CH13 ?

[justbroke]

You can, but it comes with a caveat. You may not sell your home without prior Court and Trustee approval while in an active Chapter 13.

[ABC]

Well, that is no fun !