My previous and first post was about my condo that I had in AZ (thanks to those who helped!). I'll keep this short and sweet with bullet points to keep it concise.

- Bought a condo in AZ for 127k in 02/2005 and lived there until 03/2006
- Moved back to CA and rented it out a few...

After receiving so much helpful information from contributors to the BK Forums I wanted to share our recent experiences hoping they might help anyone in a similar position.

I am married, living in Northern California. My wife and I filled Chapter 7 in August 2011 and received a Final...

Help... I'm against the fence in a filing DUE end of day today!! (much litigation by ex-wife in my bankruptcy) and seeking any case history or relevant case law supporting the below position.

Debtor filed Ch. 7 (no reaffirmation on home). Funds from post-petition income provided (per...

I have a home that is underwater approx. $100k. It may become necessary to do a short sale or walk away. At present, my credit FICO is 815, and I'm current on all payments. My income situation will be changing dramatically in approximately 4-5 months. I had actually planned to retire and sell the...

Not sure if this should be posted here but here goes. I, along with my soon to be ex-wife, were granted a joint Chap 7. We were separated in the middle of this. In Louisiana, which is a community property and no-fault divorce state, there is a 180 period from the time one party, in this case, her,...

Have a question:

Just filed for Ch 7 (no asset), partly due to our condo being about $55k underwater (1st and 2nd liens), and in our filing paperwork we listed intent to surrender upon discharge.

Now, the issue we run into is that we would prefer to squat for as long as...

I made it through my 3-year plan of my Chapter 13 - paid it off early and was discharged in Nov '10. Now, I've sold my house and have a new house under contract - I was pre-approved through American Federal Mortgage out of NJ. I fully disclosed the Chapter 13, send an explanation letter along, etc....

Okay gang, I have not seen anything like this posted so here is my question.....Our bankruptcy discharge came through in April of 2010, we did not recommit so both our 1st and 2nd mortgages were discharged as well. We occupied the home payment free until June 2011 when we finally decided to move out...

Hi!

We have 2 mortgages that were included in bankruptcy. My 1st mortgage is sending us notices that are clearly trying to collect their payment and the paper even says that if the payment is not received in their office by the end of the month (last business day of the month), they will...

Greetings,

My wife and I are a little more than one year into our five-year Chapter 13 bankruptcy. Per our plan, our mortgage payment (including escrow for property tax and insurance) is paid by the trustee.

Last Friday we received a letter from our mortgage-holder saying...

Apr 26, 2011



Many homeowners see strategic default as their best option, and all major housing markets in the US could suffer.


In an article posted on Minyanville last September -- Strategic Defaults Threaten All Major US Housing Markets -- I discussed...

I live in Dallas, Texas, and my Chapter 7 was finalized in November of 2009. I filled out a reaffirmation agreement with my current mortgage company (Chase Bank), but they didn't get the paper work back before the BK was finalized.
Now my home is showing up under my BK, and I would like to know...

I am suppose to close on a house next week with NationStar Mortgage(I am 2.5 years out of chapter 7 bankruptcy discharge). They are requiring me to submit my discharge papers. That's not a problem. The problem is that the B18 letter is only 2 pages and only says that all debt has been discharge....

I posted this under sticky but need a quick response, so I am reposting here...

I was planning to reaffirm my mortgage, but after reading through this forum (what a great resource!), I understand I don't have to and probably shouldn't. I live in Illinois and I want to keep my house. That...

Hello -

Newbie here. First off, thanks for all the helpful information everyone takes the time to post.

My mom passed away last year and I was a beneficiary on her savings account. I was issued a cashiers check and I would like to use it to pay my mortgage for the next...