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Question about homes and walking away

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  • readytofile
    replied
    I'm reading conflicting advice online so I figured I'd check in here. This forum was a life saver when I went through my bk Who knows...this time next year perhaps the house values will go up and I'll be able to sell it! LOL

    Leave a comment:


  • coolmom04
    replied
    I'm pretty sure that you can walk away from it whenever you want... with no obligation.

    Hopefully others will have input as well...

    Leave a comment:


  • readytofile
    started a topic Question about homes and walking away

    Question about homes and walking away

    We were discharged back in January and we did not sign a reaffirmation on the house or the heloc so technically they are discharged even though we continue to pay on them. So let's say that we decided we want to leave this house, move out of state and start over elsewhere. We know we can't sell this house for what we owed on it. How long do we have that we can just walk away from the house without any obligation? We actually were thinking of moving, but oldest daughter wants us to wait until she graduates high school(this time next year). Would be still be able to walk away a year later?

    Any advice is appreciated

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