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Buying a new home / house after ch 7 BK (still on title to old home)
I was discharged from a chapter 7 BK in 2009. I had two homes that I did NOT re-affirm. However I did a loan modification with both lenders after the BK. I am NOT liable for the loan, and it does not report to credit. It was an agreement that the bank would not foreclose if I choose to make payments....
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Rethinking Homeownership
i know so many people have expressed concerned after losing their homes and wonder if they will ever be able to buy another home again.
while this was put out by time magizine back in this article originally appeared in the september 6, 2010 issue of Time magazine. i think...
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Bought new home after BK. Previous mortgage included in bankruptcy. It can be done!
I'm posting this in hope someone else can be helped by my experience.
I searched high and low and could find no known instances of someone purchasing a new home while simply walking from a previous home which mortgage was discharged under a prior Chpt 7.
IT IS POSSIBLE.
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We are making the last 2 payments this month finally!
Well we are from arizona and we will be making our last two payments on our chapter 13 before the end of this month January 2011. What a feeling to know the new year is starting with the end of a pain in the butt.
We do not know what to do once they are all made. Do we sit after that and wait...
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