Post Discharge/Mortgage Question

[attkrt]

Hi All,

We discharged in May of 2008. At that time, we didn't think we included the mortgages (2) on the house. We believe we "Reaffirmed" those debts. Since then, we have been paying on time.

Now, we are being relocated overseas. We are planning to keep our home because we are at least $100,000 under water on the value at this time. A short sale is not an option since we cannot prove to the mortgage company that we are in any financial trouble to not pay the full amount.

I ran our credit reports today and this is what I found:
On our reports it shows that the mortgages were discharged. On our monthly statement of our 2nd mortgage, it states, "this may have been discharged.... this is not an attempt to collect a debt"

What does all this mean? I think I am still on the hook but wanted to ask the experts.

Thanks in advance.

[SMinGA]

It would be a good idea to check PACER and see if you reaffirmed the mortgage. If not, you can walk and not owe.

[BCA2009]

I agree to check Pacer. Just because you "checked the box" to re-affirm, doesn't mean anything. You would have had to sign re-affirmation agreements, send them to the banks AND they would have had to file them with the BK court.

If it's not recorded with the court, you can walk.