Chase Mortgage and Surrendering house???

[lolie]

We are going to try to surrender our house in our Chapter 13. My question is how long is the process? From the time of surrender to moving out?

I know they have to lift the automatic stay in a 13, but I'm looking for a time frame.

Are we going to be looking for a place to rent this summer? Also, has anyone else gone from owning to renting with bankruptcy on record and had a difficult time getting someone to rent to you?

We have never been late on payments, in fact it is going to be a surprise to all of our creditors when we file.

We have a Chase Mortgage for 1st and 2nd. Anyone else deal with Chase.

[potsie834]

[lolie]

potsie834,
Thank you so much for your reply. Not surprised about Chase at all. Heard they play hard ball and are ruthless, and I am definitely ready to go to bat. We have 2 CCs, equity and Mortgage with Chase. Going to be fun.

I appreciate your reply. I have been worried about renting again, it's been a long time. I think any landlord would be lucky to have us.

Congrats on your upcoming discharge.

[potsie834]

Lolie,

Good luck to you, and I hope it works out; and yes I count down everyday to 5/15/10---CAN'T WAIT!!!