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Foreclosure in Michigan

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    Foreclosure in Michigan

    Hi,

    I was just wondering if anyone has had any experience of letting a house go into foreclosure in Michigan. I'm curious what the time frame is from the time of first missed payment to the point you must move out.

    Rick
    11/29/2007 - Filed Ch 7
    01/08/2008 - 341 Hearing
    03/12/2008 - Discharged
    03/21/2008 - Closed

    #2
    We stopped paying in February of this year, but didn't file until June. About a month after we filed the Mortgage company got the Stay lifted. Our house goes to tax or Sheriff sale tomorrow morning. We have not lived in the house in almost 3 years, we've had renters in and out of it, so it's not our primary residence. I'd say you probably have at least 4 months from the time you miss your first payment until something happens in court, unless you file right after you miss your first payment.
    Petition Filed 6/4/07 :clapping:
    341 meeting 7/31/07 :clapping: :unsure:
    First Meeting Held and Trustee's Report of No Distribution 8/2 :yahoo::yahoo:
    10/15/2007 - DISCHARGED!:yahoo::yahoo::yahoo:

    Comment


      #3
      Thanks for the info!

      Rick
      11/29/2007 - Filed Ch 7
      01/08/2008 - 341 Hearing
      03/12/2008 - Discharged
      03/21/2008 - Closed

      Comment

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