Forum Rules (Everyone Must Read!!!) (updated: 04/28/2015)

Welcome to the Bankruptcy Forum. Bankruptcy (BK) Forum is known as and will be referred to as BKF hereinafter. In order to ensure a long term success of our vibrant community, we have established certain rules and guidelines to which everyone must adhere to. Please take your time to carefully read our rules, before you start to participate in the community.

Things you agree to do: (BKF) users agree to use the search function before starting a new thread. This prevents duplicate discussions and allows for better organized topics.

All BKF users agree to read the sticky posts which may be available at the top of a forum page. These Sticky posts often contain valuable information. They may also outline more rules and guidelines specific for that particular forum, stickies are put in place by that forums moderator(s) or admin(s).

Things you agree not to do:

All BKF users agree not to call people names or write a post simply to make a personal attack, or get a negative reaction; this behavior is not allowed on our forum. The use of derogatory language aimed at anyone will be severely dealt with. There is no need to agree with each other, or to even like each other. However, by signing onto you agree to treat each member and guest with the respect they deserve. No threats or personal attacks will be allowed.

All BKF users agree not to discuss, engage, or encourage any behavior or activity which violates the law. Discussion of drugs, violence, murder, theft, vandalism, fraud or any other issue which could be used to help individuals break the law is strictly forbidden.

All BKF users agree not to "bump" old threads, unless there is a specific benefit to the community by doing so. But in most cases, please don't post in very old threads, instead start new threads.

All BKF users agree not to attempt/use another members account. It is against BKF rules to use any account other than your own. Impersonating another member will result in an immediate ban. It is also against the rules to open more than one account in your own name without permission from a moderator or administrator. If you have been banned for any reason, it is against the rules to open another account. If you were banned temporarily and you are caught using another account you will be banned permanently. Choosing a moniker which is similar in either sound or spelling as a moderator or administrator is strictly forbidden.

All BKF users agree not to private message any moderator, admin, or other member with questions related to their personal circumstances (Questions about the forum or issues with the forum are ok). This forum only works when members share their experience and insights with everyone.

Things you agree not to post:
All BKF users agree not to post any derogatory/racist/or sexist remarks. This includes attachments, links and all information contained within posts, signatures, and avatars, failure to comply with this rule will result in a permanent ban.

All BKF users agree not to post any copyrighted or trademarked information without the express written permission of the owner(s) / proper citation of source.

All BKF users agree not to post any real names, addresses, telephone numbers, email addresses, social security numbers, or any other personal details (their own or other people's).

All BKF users agree not to post links, pictures, attachments, videos, or the like of pornographic content, objectionable material or extreme violence, whether cartoon or real.

All BKF users agree not to use BKF for advertising purposes without a written contract between yourself/company/agent and the administration of BKF. Blatant advertising will result in a ban.

All BKF users agree not to spam the forums. Spam includes but is not limited to posting erroneous, non-relevant-useless, off-topic, or meaningless posts. Spam may also include posts which contain no text, or large areas of blank space between lines. Simply posting emoticons without text is considered spam. BKF is the largest bankruptcy message board and all the content is intended to help other users. Please help us improve the quality of our forum by making sure that your posts are well-worded, spell checked, grammatically correct and syntaxed.

Regarding actions of moderators and administrators:

The forum is no place to air out your opinion or be judgmental of our staff and its capabilities.

All BKF users agree not to abuse or mistreat moderators or administrators. It is against BKF rules to post any information regarding bans or any other action taken by a member of the moderating or administrative team. If you wish to discuss bans or warnings please do so via PM. To place a complaint against a moderator, send a PM to a super moderator. All Moderators are equal, any decision made by a moderator must be adhered to. If a moderator tells you something you do not like, do not go to another moderator looking for a different answer. If you are caught doing this you will be banned. The moderators work as a team and respect the decisions made by their peers and will help enforce them unless an administrator tells them differently.
If you have an issue with how the forum is run, then notify one of our administrator and we will look into the situation. We have in the past and still do appreciate any input that you offer this forum. But critical input and/or judgmental postings towards the staff will result in you getting banned.

Should you find a thread offensive or out of line, then notify a Mod in a PM so they can evaluate the situation and do the action deemed necessary.

All moderators do have active "other" lives outside of the forum and help moderate this forum in their spare time throughout the days and weeks.

If you have a problem with a member or Mod follow the proper channels of reporting it.

BKF reserves the right to delete any posts which contain anti-BKF comments or discussion. Any bashing of moderators or administrators, or any of their discussion or actions will also be deleted, and the responsible posting party(s) will be banned. Any public anti-BKF advertising, communication, or posts on another forum will result in permanent bans as well.

All warnings and bans are decided by individual moderators and administrators. Warnings are preferable to bans however, for serious offenses and repeat abusers bans will go into effect. The length of the bans can vary from several hours to permanent.

All messages posted or sent including through PM are the property of

All BKF users agree not to advertiser on the forum (Niether by posting, private messaging or using your signature). If you are a company/attorney/legal adviser wishing to advertise on the site or sell a product, you must contact the head administrator and inquire about our advertising packages.

All bankruptcy related opinions expressed on are those of their authors and not necessarily of BKF, its staff or representatives.

You agree not to copy any material/post/content from BKF without written permission from our head administrator .

By posting on this forum you agree to these terms and conditions, including any punishment deemed appropriate by moderators or administrators in the event of an offense.

Administrators/Moderators can change these rules at any time without prior notice.
See more
See less

Found an insurance company to insure my foreclosure home ...

  • Filter
  • Time
  • Show
Clear All
new posts

  • Found an insurance company to insure my foreclosure home ...

    Our home is in foreclosure ... bottom line, State Farm found out about the foreclosure and canceled our homeowners insurance plan. So today we were able to get coverage on the home until the deed is transferred out of our names through Foremost Insurance Co. They also insure vacant homes.

    We had an independent insurance broker find coverage for us and this is the only company that will insure a home in foreclosure/for people with poor credit or a recent bankruptcy. Their website is

    I am very relieved to have this plan in place and grateful that there is an insurance company out there that recognizes a significant need/niche for so many of us out here drowning in the mortgage meltdown crisis. The last thing we need is to have something happen to someone on our property and we are liable for it. There was someone who posted a while back in one of the insurance threads about finding insurance through this company on her home while it was in foreclosure as well.

  • #2
    Thank you for the info!


    • #3
      One thing -- on the website, it says they only cover homes in certain states. I am in Illinois and was able to get covered. So I don't know if the website needs to be updated or if it had something to do with the insurance agent getting the policy for us.


      • #4
        good to know,... thanks.
        i got a notice from allstate (my homeowners insurance) that they did an inspection (house is vacant) and i needed to call. i called and they said "oh we're just making sure we had your correct address" i said "but i got something about an inspection?" she said "oh just if the home is in bad shape or abandoned we like to know but you are fine" um... ok not mentioning i am not there!


        • #5
          are you still IN the house...if so i understand why your insuring it...if we vacated and then surrendered at bankruptcy, however, had not lived in it for almost 2 years....well here it is 2.7 years later and the bank still has not foreclosed and i haven't pd one dime on any insurance or anything bk was discharged and i no longer have any financial obligation to the house.

          but, like i said...if you are still in there and living, i understand your reasoning.
          8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! and all are welcome to bk forum's Florida State Questions and Answers on BK


          • #6
            We are currently still living in the house, but will be moving in the next few weeks. The sheriff sale was held on October 12th, but there is no confirmation of sale hearing set at this time so the deed will still be in our names for a little bit longer. The mortgage was included in the bk and discharged, but we are liable if anything happens on the property until the deed is not in our name. We're just not willing to let the insurance lapse and be on the hook for something. You know how some people have really bad luck? That's us lately ... just this morning the transmission went out on our minivan (we have 4 kids) and my dh's car won't start today. So as luck would have it, some kid would go in our back yard and swing on the swing set and break his/her neck and we'd be in even worse shape. I can sleep at night now knowing that the property will be insured until we no longer own it.


            • #7
              Nope we aren't there. we were advised by our attorney to keep the insurance ($52 mo) due to the fact that if someone falls on the property or breaks in then we are responsible. I can't wait to cancel it!


              • #8
                Thanks for this link. It was a real shock when I learned (here from ccsjoe) that I would need liability insurance AND still be responsible for mowing the lawn, and whatever other city codes required observance. It stinks! I really wish it wasn't true and will also be awake at night worrying about it.
                There are two secrets for success in life:
                1.) Never tell everything you know.


                • #9
                  yes once we moved out we longer had to keep insurance or required to do any maintenance what so taxes..etc.

                  if someone falls on the ice and cracks their head opens it's the banks problem even tho we are still on the deed...that's just a technicality the bank has not taken care of.

                  any and all cost whether one is in a judicial or non-judicial state...those cost are in effect passed on to your bank in the form of liens against the property...when the property resales...those liens are passed on..and are pd by the new owner in a foreclosed property....including any fees the bank can squeeze out of the buyer.
                  8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! and all are welcome to bk forum's Florida State Questions and Answers on BK


                  • #10
                    Originally posted by tobee43 View Post
                    if someone falls on the ice and cracks their head opens it's the banks problem even tho we are still on the deed...
                    And you are 100% sure about that?
                    Retained Lawyer: 04/2009 Filed: 09/2009 341 Meeting: 10/2009 Discharged: 12/2009 Asset: 05/2010 made asset Closed: 07/2013 after 47 long months


                    • #11
                      Originally posted by CCsAreEvil View Post
                      And you are 100% sure about that?
                      Did you read his signature?

                      Filed Consumer Chapter 7: 4/2010 341 meeting: 6/2010 No-asset distribution & Discharged: 8/4/2010
                      TYPOS R ME & I DO NOT CARE! IF YOU DO KEEP IT TO YOURSELF! ANY and ALL comments I MAKE are JUST Comments and ARE NOT LEGAL Advise! IS THAT CLEAR ENOUGH?


                      • #12
                        Originally posted by CCsAreEvil View Post
                        And you are 100% sure about that?
                        yes......the day we surrendered it's the banks...500% sure...
                        8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! and all are welcome to bk forum's Florida State Questions and Answers on BK


                        • #13
                          Originally posted by LoadedGuns View Post
                          Did you read his signature?

                          Filed Consumer Chapter 7: 4/2010 341 meeting: 6/2010 No-asset distribution & Discharged: 8/4/2010
                          TYPOS R ME & I DO NOT CARE! IF YOU DO KEEP IT TO YOURSELF! ANY and ALL comments I MAKE are JUST Comments and ARE NOT LEGAL Advise! IS THAT CLEAR ENOUGH?
                          i'm a HER...

                          but i'm sure..... these comments or flood of misleading statements from persons that just guess are sometimes frustrating to say the least.

                          however, when one does surrender their house....AND the debt has in fact been have NO obligations to that house...your name remaining on the deed is just a technicality...especially today when the banks are so slow to complete foreclosures in many states and or accept warranty deeds and releases...the only other recourse to remove ones name is when the sheriff's sale is completed.

                          i can understand when people are squatting in their homes while going thru the foreclosure process still want to maintain insurance coverage...that's NOT what i'm speaking about here....i'm speaking about a vacate...surrendered, home in a non disputed fact of a no asset bk being discharged and complete.
                          8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! and all are welcome to bk forum's Florida State Questions and Answers on BK


                          • #14
                            Surrender is a declaration of intent only. It doesn't change ownership. It {521 (2)(A)} was introduced with BAPCA because creditors, who could no longer contact the debtor because of the automatic stay, proposed it. They wanted to know what was going on with the property securing the loans included in the filing.

                            Surrender does not change the ownership interest. That is why the bank must go through the foreclosure process.

                            Until they do that, or until the homeowner transfers their ownership interest in sale for satisfaction of the lien, short sale, quit claim, deed-in-lieu, or whatever, the homeowner is personally liable for any lawsuits arising out of their negligence with regard to the property. (Transfer of ownership interest presumes the bk 7 case has closed and the trustee has abandoned the property)

                            The bankruptcy does not relieve them of that personal liability. It only relieves them of personal liability for the loan for which the house was security. If the house is damaged, it is the bank's problem because it just reduces the asset value. But any injury on the property is the concern of the homeowner.

                            An article by California lawyer Cathy Moran pertaining to the legal meaning of "surrender" and our responsibilities post-bk:

                            In California at least the homeowner is not personally liable for property tax. Those attach to the land and will become the bank's problem.

                            City codes vary. Some cities - like Vacaville,CA - explicitly state they will attach liens to the property rather than pursue the homeowner. If you live there, aside from personal liability insurance, you can walk.

                            Some cities with foreclosure ordinances don't indicate how they intend to pursue. And even without a foreclosure ordinance, there are still vacant property codes.

                            Article by Florida lawyer, Peter Orville, indicating you can end up in jail if you ignore the city ordinance even though you surrendered the property in bk:


                            < I guess this link is not allowed. Sorry. Anyone who wants to read the article can find it by googling "Peter Orville City Fines"

                            Tobee - I wonder if you have drawn the conclusion based on your experience that since you were not sued, or pursued, that noone else will be. I can totally see where you are coming from if that's the case. Experience is a great teacher. Please don't take it personally that I have a different position on this issue. I only post on this because I am in this boat so I have special feelings for other people who are in this boat, or who will be. I would LOVE it if I could just walk away, but so far I can't find any evidence (other than your posts which I would love to believe) that it's possible without great risk.

                            The last thing I want post-bk is a judgment that I cant eliminate in bankruptcy.
                            Last edited by debee; 10-29-2010, 11:55 AM. Reason: blocked link
                            There are two secrets for success in life:
                            1.) Never tell everything you know.


                            • #15
                              Tobee43 is a she?! Geez, there goes that mental picture. I was picturing "Tobey".
                              Stopped paying CCs 1/10 | Stopped paying mortgages 2/10 | Interviewed attorneys 3/10-5/10 | Retained attorney 5/14/10 | Delivered paperwork to attorney 6/17/10 | Filed Ch7 7/9/10 | 341 8/16/10 | Objection Deadline 10/15/10 | DISCHARGED 10/20/10


                              Unconfigured Ad Widget