Ch7 Discharged. House Included, No Foreclosure ... Property Taxes?
(see also my post in Chapter 7 forum)
Our Ch7 was discharged in December 2009. Our primary residence was included in the bankruptcy (Bank of America) and we chose to not reaffirm. As of this month, the mortgage is now 24 months in arrears. Bank of America has not filed Notice of Default. So far, BofA is not interested in Deed In Lieu. We vacated the property on December 31, 2010 and advised the lender in writing (in multiple letters to multiple departments, all delivery confirmation).
We thought about pursuing a short sale in order to remove our names from the property (for liability reasons) but were advised that participation in their Cooperative Short Sale Program MAY constitute an attempt to reaffirm (?).
Bank of America has been paying the property tax after Bk discharge. Are we going to be responsible to BofA for the property taxes they paid since we are still on the Deed?
(see also my post in Chapter 7 forum)
Our Ch7 was discharged in December 2009. Our primary residence was included in the bankruptcy (Bank of America) and we chose to not reaffirm. As of this month, the mortgage is now 24 months in arrears. Bank of America has not filed Notice of Default. So far, BofA is not interested in Deed In Lieu. We vacated the property on December 31, 2010 and advised the lender in writing (in multiple letters to multiple departments, all delivery confirmation).
We thought about pursuing a short sale in order to remove our names from the property (for liability reasons) but were advised that participation in their Cooperative Short Sale Program MAY constitute an attempt to reaffirm (?).
Bank of America has been paying the property tax after Bk discharge. Are we going to be responsible to BofA for the property taxes they paid since we are still on the Deed?
Comment