Here's my situation..

I live in Illinois. Filed Chapter 13 - it was confirmed early 2010. In it, agreed to hand house back to bank, etc...

Moved out mid-2010, renting a place about an hour away.

Until bank forecloses and deed is out of my name, my attorney...

My wife and I received letters from attorneys representing the holder/servicer of our mortgage - U.S. Bank. The letter was postmarked February 11th, 2011.

The Letter: ‘This law office has been instructed to institute foreclosure proceedings. You have the right to dispute this debt,...

I have a confusing question I hope someone can help me with. I was recently discharged in a chapter 7 about 6 months ago and I did not reaffirm my mortgage. I am now behind on my mortgage payments and if I can't get them caught up before the bank forecloses can I save my house by filing a chapter...

I wanted to see what you guys think.
I just got a discharge on my chapter 7 on November 2, 2010. Here are the facts:
0. House is worth $505K(Thats the best short sale offer I have on it right now!).
1. 1st Mortgage is $470K Principal + $100K in arrears and fees with HSBC,...