I checked Pacer last night and saw that my discharge was entered on Wednesday, 36 days after the trustee received my last payment. A short and sweet one sentence order.
I emailed my attorney's assistant today to ask if there is anything I need to sign to get the judgment voiding my second mortgage. That was my subtle way of making sure they get the ball rolling on this last step that, in my district, doesn't happen until after discharge. I checked PACER a few minutes ago and 10 minutes after she responded with a simple "not at this time", she filed the Notice of Opportunity of Hearing that must be sent to the mortgage holder and a proposed order. They have 10 days to request a hearing, which isn't going to happen because they have no basis on which to object. It seems silly that they even have an opportunity to object now when they had an opportunity to object before the order valuing lien was entered and didn't.
5 years and one month ago, I had $143K in debt (in round numbers) as follows:
Credit card debt on 5 cards: $43,000
A fully unsecured 2nd mortgage: $85,000
Loan on the new car I bought a month before filing: $15,000
All creditors filed claims except for Capital One to whom I owed $5,700.
I paid a $1,500 retainer to my attorney and my $30,000 in plan payments were disbursed as follows:
Attorney: $4,800
Trustee: $1,500
Car Payments: $15,000
Unsecured creditors (including 2nd mortgage): $8,000
(It doesn't add up to $30K because I'm rounding.)
That's the best $31,500 I've ever spent!
When I filed, my house was far underwater even without the 2nd mortgage. Now, after some improvement in the market and paying down principal on the first mortgage, I probably actually have some equity, or at least I will after I record the Judgment Voiding Lien. Now, I just hope to be able to refinance my adjustable rate mortgage before the rates start increasing. It's at 2.25% now and can only increase by 2% per year. So, even if I have to wait 2 years to refi, I should be okay.
I had about 10 credit cards and they all were cancelled, except apparently my American Express card. They still show my account as open on my credit reports and they still send me notices of changes to the terms of the account. I'll have to call to see if they'll send me a new card. I tore up all of my credit cards before I filed.
Woooooooo! Hooooooooo!
I emailed my attorney's assistant today to ask if there is anything I need to sign to get the judgment voiding my second mortgage. That was my subtle way of making sure they get the ball rolling on this last step that, in my district, doesn't happen until after discharge. I checked PACER a few minutes ago and 10 minutes after she responded with a simple "not at this time", she filed the Notice of Opportunity of Hearing that must be sent to the mortgage holder and a proposed order. They have 10 days to request a hearing, which isn't going to happen because they have no basis on which to object. It seems silly that they even have an opportunity to object now when they had an opportunity to object before the order valuing lien was entered and didn't.
5 years and one month ago, I had $143K in debt (in round numbers) as follows:
Credit card debt on 5 cards: $43,000
A fully unsecured 2nd mortgage: $85,000
Loan on the new car I bought a month before filing: $15,000
All creditors filed claims except for Capital One to whom I owed $5,700.
I paid a $1,500 retainer to my attorney and my $30,000 in plan payments were disbursed as follows:
Attorney: $4,800
Trustee: $1,500
Car Payments: $15,000
Unsecured creditors (including 2nd mortgage): $8,000
(It doesn't add up to $30K because I'm rounding.)
That's the best $31,500 I've ever spent!
When I filed, my house was far underwater even without the 2nd mortgage. Now, after some improvement in the market and paying down principal on the first mortgage, I probably actually have some equity, or at least I will after I record the Judgment Voiding Lien. Now, I just hope to be able to refinance my adjustable rate mortgage before the rates start increasing. It's at 2.25% now and can only increase by 2% per year. So, even if I have to wait 2 years to refi, I should be okay.
I had about 10 credit cards and they all were cancelled, except apparently my American Express card. They still show my account as open on my credit reports and they still send me notices of changes to the terms of the account. I'll have to call to see if they'll send me a new card. I tore up all of my credit cards before I filed.
Woooooooo! Hooooooooo!
Bankruptcy Wizard
for the first time.
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