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Question for all who surrendered home in BK...

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    Question for all who surrendered home in BK...

    How long were you able to stay in your house without making payments?

    If possible, could you include your general timeline. Such as...

    Made last payment on this date
    Filed on this date
    Rec'd such and such letter this date
    moved out this date
    etc etc etc

    all the way until actual foreclosure

    also, if it's ok, could you include your state? Thanks! I'm really trying to get an idea of how this whole thing works region to region.

    #2
    SJR, keep in mind that whatever responses you get may not be right for your situation. Each state has different foreclosure laws and rules to follow.

    Here's a link to what to expect in each state if your home is foreclosed - http://www.realtytrac.com/foreclosur...comparison.asp . Click on your state to get more detailed information about what to expect.

    Hope this helps!
    I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

    06/01/06 - Filed Ch 13
    06/28/06 - 341 Meeting
    07/18/06 - Confirmation Hearing - not confirmed, 3 objections
    10/05/06 - Hearing to resolve 2 trustee objections
    01/24/07 - Judge dismisses mortgage company objection
    09/27/07 - Confirmed at last!
    06/10/11 - Trustee confirms all payments made
    08/10/11 - DISCHARGED !

    10/02/11 - CASE CLOSED
    Countdown: 60 months paid, 0 months to go

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