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Defiency due on mortgage?

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    Defiency due on mortgage?

    So, I'm surrending the house and filing chapter 7 end of Oct. I've been reading that the bank comes after you for the defiency of the mortgage when sold. BUT, this will be covered by the BK filing, correct?

    #2
    Correct. If you include the mortgage in the filing and do not reaffirm, it gets discharged.
    Stopped paying: 08/10, Filed CH7: 08/27/10 , 341 & No Asset Report: 10/6/10, Last day to object: 12/06/10, Discharged: 12/07/10, Closed: 12/08/10
    AHEM.....NOT AN ATTORNEY, NOT ADVICE, ETC, ETC

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      #3
      Thank you!

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