Here is the situation we are in now -- what should we do??
We just discharged a few days ago -- we just told the mortgage company that we are surrendering the property - I spoke with them last week about DIL and they stated that they sent in for a relief of stay and were waiting to hear back from the trustee - they told me to call back in a month regarding the DIL that they should have the relief of stay by then (first question - do they still need a relief of stay even though we are discharged?) We have a home that we are going to rent; we have already signed the lease agreement; we were to move in April; the owner called asking if we could wait til June in order to allow the current tenant time to move out - my first thought is YAY that would save us mortgage payments for that time - as we were so stupid to continue payments or at least partial payments this whole time -- my second thought is YIKES will we be ok to stay in the home that long?? We really would like to work out a DIL with our mortgage company vs a foreclosure has anyone had luck doing that?
If I have read everything right I am seeing this; April 1st (ish) they have the relief of stay; put the notice in the paper (puts us to May 1st ish); then what? We need another month in there..... What do you think?
We just discharged a few days ago -- we just told the mortgage company that we are surrendering the property - I spoke with them last week about DIL and they stated that they sent in for a relief of stay and were waiting to hear back from the trustee - they told me to call back in a month regarding the DIL that they should have the relief of stay by then (first question - do they still need a relief of stay even though we are discharged?) We have a home that we are going to rent; we have already signed the lease agreement; we were to move in April; the owner called asking if we could wait til June in order to allow the current tenant time to move out - my first thought is YAY that would save us mortgage payments for that time - as we were so stupid to continue payments or at least partial payments this whole time -- my second thought is YIKES will we be ok to stay in the home that long?? We really would like to work out a DIL with our mortgage company vs a foreclosure has anyone had luck doing that?
If I have read everything right I am seeing this; April 1st (ish) they have the relief of stay; put the notice in the paper (puts us to May 1st ish); then what? We need another month in there..... What do you think?
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