Bankruptcy

[fergus]

I was discharged through Chapter 7 and have no financial responsibility to property other than maintaining it. No reaffirmation. Moved out well in advance of discharge thinking I was doing the right thing. Want to get my name off deed, but bank is not responding to my calls. Bank said they would be in touch when they received notification of the discharge. Am trying to save myself attorney fees by using this forum. Also it seems I have been paying rent unnecessarily when I could have stayed in the other place. From this information, can anyone sense what would be the next best move on my part?

Thanks for any and all help.

[StartingOver10]

Look at soulmasters posts above - it gives a great summary as to what happens.

To speed up the process, short sale the house or Deed in Lieu and it will no longer be in your name. Normally the bank won't even consider a DIL until you have gone down the short sale route (many, not all lenders require a short sale attempt first).

[MovingForward_2012]

+1 on what SoulMaster wrote. He explained the process and the options very clearly.

[jmack62]

Does anyone have answer for this? I filed chapter 7 in 2010 and didn't reaffirm home, I need to know what paperwork I need to reopen chapter 7 so I can now reaffirm it. I don't want to use a lawyer but the court won't tell me the correct paperwork I need! Can anyone help please !

[SrfrGrl]

SoulMaster

I gave my house up in a chapter 7 BK in August of 2009.  The reported a forclosure as of 4/5/10.  I am now buying a house and they want to know why I have a forclosure.  Forgive me for being slow but exactly what is IIB?  

[grassfeeder]

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jmack62 wrote:
Does anyone have answer for this? I filed chapter 7 in 2010 and didn't reaffirm home, I need to know what paperwork I need to reopen chapter 7 so I can now reaffirm it. I don't want to use a lawyer but the court won't tell me the correct paperwork I need! Can anyone help please !

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why in the world would you ever reaffirm the mortgage?  the courts probably won't tell you so you do go to an attorney and set you straight....there is absolutely zero benefit to doing so.

[Math_Rocks]

I can't speak to the whole foreclosure issue but, SrfrGrl, IIB = included in bankruptcy.  Hang around here and you will catch onto the acronyms in no time!