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Chapter 7/Foreclosure Situation

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buffs94

Member
What is the name of your state? Colorado
Hi. My case was discharged last December. I originally indicated that I wanted to keep my home. My home's value has since dropped. I haven't been keeping my payments up because I want to give it back to the lender. My question is, because of my BK, will I owe any legal fees or other moneys to the lender when they foreclose? I have not reafirmed the debt, nor have I signed anything stating that I want to keep the home. Also, how long does the foreclosure process usually take?

Regards,
Buffs94
 


HomeGuru

Senior Member
buffs94 said:
What is the name of your state? Colorado
Hi. My case was discharged last December. I originally indicated that I wanted to keep my home. My home's value has since dropped. I haven't been keeping my payments up because I want to give it back to the lender. My question is, because of my BK, will I owe any legal fees or other moneys to the lender when they foreclose? I have not reafirmed the debt, nor have I signed anything stating that I want to keep the home. Also, how long does the foreclosure process usually take?

Regards,
Buffs94

**A: duplicate post.
 

Ladynred

Senior Member
Since you did not reaffirm the mortgage, then you will NOT be liable for ANYTHING in connection with the forclosure.
 

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