Please advise if there is a better subforum for us to post in.
We need an attorney but am unsure what kind. Our Ch 7 BK was discharged in 2008. We reaffirmed our mortgage and still live in the home. There was a business loan for our small business that was secured with the property that was discharged. The business has been dissolved for 14 years. We knew we’d likely have to pay the business loan eventually but haven’t thought much of it for the last 14 years until now trying to refinance the home. We cannot get the lender SunTrust (now Truist) to release the lien OR to send a statement showing what we owe. Haven’t received a bill or anything from them since prior to the BK. Someone on the phone finally said they see a $75,000 balance but can’t send a statement. The loan was only $50,000 at the time it was discharged and as I understood could not continue to charge Interest, since our obligation to pay was discharged. So basically we can’t pay the loan even if we want-since they won’t give a statement and it should not be allowable to have charged interest. So we cannot sell or refinance. Our current lendor says they cannot help. Our BK attorney says he can’t help. Both advised us to get an attorney it neither could recommend one.
What kind of lawyer do we need? Mortgage? Real Estate?something else?
Appreciate any advice. We always knew we’d owe the money and would pay it or negotiate a settlement, but can’t get anywhere on our own. Thanks sorry so long just stuck and a bit despairing and in need of legal help.
We need an attorney but am unsure what kind. Our Ch 7 BK was discharged in 2008. We reaffirmed our mortgage and still live in the home. There was a business loan for our small business that was secured with the property that was discharged. The business has been dissolved for 14 years. We knew we’d likely have to pay the business loan eventually but haven’t thought much of it for the last 14 years until now trying to refinance the home. We cannot get the lender SunTrust (now Truist) to release the lien OR to send a statement showing what we owe. Haven’t received a bill or anything from them since prior to the BK. Someone on the phone finally said they see a $75,000 balance but can’t send a statement. The loan was only $50,000 at the time it was discharged and as I understood could not continue to charge Interest, since our obligation to pay was discharged. So basically we can’t pay the loan even if we want-since they won’t give a statement and it should not be allowable to have charged interest. So we cannot sell or refinance. Our current lendor says they cannot help. Our BK attorney says he can’t help. Both advised us to get an attorney it neither could recommend one.
What kind of lawyer do we need? Mortgage? Real Estate?something else?
Appreciate any advice. We always knew we’d owe the money and would pay it or negotiate a settlement, but can’t get anywhere on our own. Thanks sorry so long just stuck and a bit despairing and in need of legal help.
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