Would it be possible to quit claim deed your house to someone and have them take over the mortgage payments instead of foreclosing? Just wondering if I found someone to pay up the past due amount and just sign it over to them to take over the mortgage? We filed Chpt 7 and will have our 341 10/29/10 so I know I would have to have the bank lift the stay but with the big delays in foreclosure just wondering if it was something that would work or not.
And just a side question....we just got a letter from BofA telling us who was servicing the loan and who originated it (its BofA for both) is that because of the banks reviewing procedures etc?
And just a side question....we just got a letter from BofA telling us who was servicing the loan and who originated it (its BofA for both) is that because of the banks reviewing procedures etc?
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