Deficiency Lien

[John Scott]

What is the name of your state? Indiana
I was foreclosed on about a year ago. I have managed to keep my other accounts current and avoided Ch 7 or 13. Now I get hit with a deficiency lien and see no option but a Ch 13. My question is "Because this derived from a secured loan (ie mortgage) will this be included in a repayment plan?" I don't want to go Ch 7 if at all possible. The foreclosure is the only bad mark on my credit report currently. The lender is not being very co-operative. Any advice or comments would be appreciated.

Thanks.

 

[Ladynred]

They foreclosed, so I presume the house HAS been sold ??
If so, the collateral that secured the LOAN is gone, the deficiency is just another whopping UNSECURED debt. You'd include it in a bankruptcy as you would any other unsecured debt.