What happens if we do not receive reaffirmation papers from our 1st mortgage company? I have been paying current since we filed. I have a 1st and 2nd mortgage with the same company. We are incl the second mortgage in the BK. Can they take our house away if we never received reaffirmation papers, but I am current? We are due to discharge next week.
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I think if the reaff falls apart you got luck jsut keep pay both and you keep your house.Chapter 7 07/30/2008
341 09/17/2008
Discharge 11/21/2008 -
Ok as long as I am surrent you think they will leave me alone. But what happens if in a few years I am late can they start foreclosure right away then?
Have a happy new year TEW!!Comment
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Hi Jesse,
I asked the same questions. Read the post below. It has allot of info. I did hear that if you don't reaffirm they don't report to the credit bureaus. Which, I want a history for paying since I want to sell my home in a couple of years. Yes, they could foreclose. Although not likely ( I know, doesn't help)
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Originally posted by Mi Bankruptcy View PostChapter 7 07/30/2008
341 09/17/2008
Discharge 11/21/2008Comment
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same to you jessegirlOriginally posted by jessegirl View PostChapter 7 07/30/2008
341 09/17/2008
Discharge 11/21/2008Comment
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This is not always true. My bank still reports to all 3 credit bureaus and we didn't reaffirm.Originally posted by Mi Bankruptcy View PostComment
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I'm confused. How are you discharging the 2nd?
I thought a lien strip was only possible in a 13? (I assume you are in a Chap 7, as you posted under this section)??
KYou can't have your cake and eat it too. But you can dip your finger in the bowl and lick the icing
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Nice to know mgmadara. Too bad it's like gambling.. Maybe they will maybe they wont???Originally posted by mgmadara View Post
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