Here is my situation. I filed a Ch7 (discharged in October 2009). I have two homes, which I did NOT reaffirm. Both have had loan modifications on the first mortgages since the BK. Both have second mortgages which I have not paid on for years, but the values are so upside down they are not looking...

Currently in Chapter 13 (24 months remaining) and I have a investment property. I had to evict tenants and now cannot make up the missed payments. GMAC is pushing for a short sale on the property. Would it be better to just let the home go or try to short sale the home. Appx. value $56,000 mortgage...

We are in the middle of a Chapter 7 bk and are trying to complete a short sale at the same time. Have you heard of using Chapter 13 forms (Motion to Sell) and converting them to a Chapter 7 bankruptcy to send to lenders?

We are trying to figure out how to make the most persuasive case...

we put an offer on a home. The sellers are delinquent on the property. They
filed for bankruptcy back on 7/12. They want to short sale us the home. They
accepted our offer but countered us with an addendum. In it, it states:
"cost if any to remove the property from BK petition...