Can bank pull credit reports on BK'd mortgage in a short sale?

[calgirl67]

We were discharged June 2010. Did not reaffirm house. Decided to short sale (doing the bank a favour in our opinion!). 2 mths into short sale process and have an offer from a buyer.

Today we get notification from our credit watch service that Wells Fargo (Rels Credit) pulled our credit yesterday.

CAN THEY DO THAT ON A DISCHARGED DEBT?

We're spitting mad because:
1. We could just do nothing and let it foreclose and tell them to shove it
2. We're trying to rebuild our credit and hits hurt our score

[BKParalegal]

If you did not reaffirm the debt, then there is no good reason to do a short sale post- discharge. Any documents you sign are post-petition and if not very careful could expose you to a deficiency.

Just walk away from the thing.

Good Luck

[biotechsolution]

since wells fargo still holds your mortgage and debt is still there, you are just not liable for it, they can pull your credit.
In reality that hard pull effects your credit very, very, very litttle.

[iv65536]

If you did not reaffirm the debt, then there is no good reason to do a short sale post- discharge. Any documents you sign are post-petition and if not very careful could expose you to a deficiency.

Just walk away from the thing.

Good Luck

Agreed - I'm not even interested in attempting a short sale. My house is underwater no matter how you slice it; as a result, my strategy is entirely different.