Part of my chapt 13 plan is to surrender my home. In talks with my attorney I came away thinking I could stay until a foreclosure, or at least for some length of time until the mortgage company took action. After receiving the plan filed with the court, it says I agree to surrender the home in 30 days from the date of the plan filing, which was 2 weeks ago.
Obviously I will be asking my attorney for clarification, but can anyone here clarify what this means? Does surrender in 30 days mean I have to be out, or does it mean the mortgage company can start their process to foreclose? Or does it mean they don't even have to foreclose?
Thanks!
Obviously I will be asking my attorney for clarification, but can anyone here clarify what this means? Does surrender in 30 days mean I have to be out, or does it mean the mortgage company can start their process to foreclose? Or does it mean they don't even have to foreclose?
Thanks!
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