I was discharged in ch7 on 12/21 included home in bankruptcy. (walking) Bank A started foreclosure process. Asked court for the stay to be lifted. Was granted relief. Bank A Sold loan to Bank B before the discharge. Bank B got my mortgage 12/1/10.
- Does bank B get to continue where Bank A left off?
- Do they need to start process over?
]ust received letter from Bank B that they see that my Hazard policy has either, canceled, expired, or non renewed as of 12/8 and according to the term of my mortgage documents " You must maintain adequate insurance coverage and to list them as First Mortgagee.
At the very bottom it states If this debt is in or has been discharged in a bankruptcy proceeding be advised this communication is not an attempt to collect the debt against you. Please note however we reserve the right to excise the legal right only against the property securing the original obligation.
- Does bank B get to continue where Bank A left off?
- Do they need to start process over?
]ust received letter from Bank B that they see that my Hazard policy has either, canceled, expired, or non renewed as of 12/8 and according to the term of my mortgage documents " You must maintain adequate insurance coverage and to list them as First Mortgagee.
At the very bottom it states If this debt is in or has been discharged in a bankruptcy proceeding be advised this communication is not an attempt to collect the debt against you. Please note however we reserve the right to excise the legal right only against the property securing the original obligation.