Hello,

I was wondering if anyone knows what happens to escrow overages when you claim BK. I have a credit card with this same credit union which will be included. Can they keep the overage as a set off for the credit card?

I previously received a Tax and Insurance Disclosure...

I am in a Chapter 13.

Last year I noticed our mortgage holder did not apply payments to our escrow account but was too sick to contest the issue.

This year, we were suppose to pay in $805.00 but instead paid in $900.00. The surplus was suppose to go to our escrow account...

So the time has come for me to buy a new place to live. I have no debt, rebuilt my fico pretty well, it's a 756 now and own my 2 cars out right and have savings. I'm looking at a place that's $45,000. How long do I have to wait to buy? Is it to early being 1 year after discharge? Also, if I get a mortgage...

I wanted to know if i do not reaffirm does my principle still go down? Can I still write-off on interest on my taxes ? What about upgrades for write-offs ? I do not car about it being on my credit. I just want the principle to go down and still have the write-off. Thanks for any and all who answer...

This is a little lengthy so thanks to those of you that read it all and can contribute.

Before filing Chapter 7 I had a rental property that was severely underwater. After getting laid off in a merger I let it go in foreclosure. We also had our primary residence that we lived in and...

I own a home in Wisconsin on a 'Land Contract' and my intention was to do a total remodel of the home however, over the past years, the value has dramatically dropped and I've had to file Chapter 7 bankruptcy. I did not include the home in my original papers but now after doing some extensive research,...

So it's a no go on the house. I love the idea and the location, I hate the layout and I'm picky.

The cost to fix the home layout issue would bankrupt me, if I were already. Har Har.

That being said, I now know that I completely qualify to purchase a home and our lease...

REALLY, really long.....

Very seldom do I feel sadness about our credit situation.. I would rather focus on the solutions and behavioral changes we are adapting. I go on HAR all the time just to check out the trends in the housing market for purchasing a house when I come out of bankruptcy....

My bankruptcy was discharged in Feb '10... I did NOT reaffirm either my first or second (held by different banks). They offered me a modification, but I will not do it because I am completely upside down in the house. Foreclosure sale is scheduled for Dec. 20. I had just planned on letting them foreclose...

We plan to file in Chapter 7 in 5 months. We are on target to be approved for the "UP" (Home Affordability Unemployment Program) starting in October which would defer our mortgage payments for 3 months. The attorney says that this should not be a problem as long as we are back to paying our...

I've paid my Ch13 off early, I've been waiting on discharge for 2 months - but am expecting it soon :-) My family has outgrown our home and would like to, once discharged, purchase a new home.

I'd like to know if anyone has had recent success in getting a mortgage soon after discharge...

We are heading towards foreclosure on our condo. We have a second mortgage that will still hang over our heads. WA state is not a recourse state, so they can just come after us for the second mortgage. Do we foreclose and then file for bankruptcy to get rid of the extra mortgage? We are confused on...

First and foremost, I want to say thanks to each and everyone of you. Reading your posts really helped me through the c7 process.

A little background... I was discharged yesterday. I did not reaffirm my home and I have always been current. My post BK credit score is a 641. I applied...

My mortgage company sent me a re-affirmation agreement that had incorrect loan terms. So, they sent me another re-affirmation with loan modification terms, but it was too late and my BK discharged. I asked my BK lawyer to re-open my case, and he re-opened it, stating the reason above (that mtge co...

MY HOME IS WORTH $190,000 , I owe $189,000 on the first mortgage and $160,000 on the 2nd mortgage, NOT sure if i do chapt 7 or Chap 13

ITS NON OWNER occupied and I am current on 1st mortgage, only want to do this because my 2nd mortgage company lied to me about a loan mod, the told me...