Foreclosure after Chpt 7 filing - AZ

[bates888]

Hi All,

Here's my story:
We're about to file Chpt 7 within the next 3 weeks or so. We were intenting to keep our home (stay and pay). Now after looking at comps, it looks like it might be a good idea to let it go back to the bank. We're about $50,000 underwater. We are current on our payments. How long can we expect to stay in the house without paying mortgage payments? The lender is Wellsfargo. Will it go much quicker since we are already filing bankruptcy?

Thanks!

[Cherinfo]

The way things have been going I'd say at least 8 months could be longer.

[Inca]

MY lender is BOA, and it took them 6 months the 1st time around.