Need some help understanding …
In Jan 2012 spouse and I filed for Chapter 13. It did not include our mortgage—which we were delinquent on at the time of filing. We were served an intent to foreclose in 2014/2015, which was finalized in Nov 2016 while we were still making wage earner payments to our trustee. The house went to auction on Nov 16 at a sheriff’s sale, in which the bank bought back for $100. We vacated the house and have since learned it is being rented.
Chapter 13 was discharged in Nov 2017 and neither of our credit reports has ever reflected a “foreclosure,” Instead, as of Jan 2018, Equifax reports our mortgage “Payment Status” as being “included in Chapter 13;” while Transunion states, “wage earner of similar plan;” and, Experian states, “Debt included in or discharged through Bankruptcy Chapter 13.” And, under “Worst Delinquency” Experian also states, “Bankruptcy Chapter 13 petitioned, or discharged, and bankruptcy Chapter 13 reaffirmation of debt rescinded”<—not entirely sure what this means. The account is scheduled to be removed May of this year, and as of this writing, it has disappeared from Experian altogether.
Curious to know . . .
Is there a possibility this foreclosure can still be reported even after it has been removed from all 3 reports?
Does the fact that the house has not actually “sold” have any bearing on how it gets reported, in other words, if and when the house does sell in the future will it come back to haunt us?
