Wednesday, February 4, 2015

I filed chapter 7 and did not reaffirm my mortgage if I fall behind a payment can the bank foreclose?

Question

I filed chapter 7 and did not reaffirm my mortgage if I fall behind a payment can the bank foreclose?



Answer

Nothing has really changed regarding your mortgage. The answer is yes, but if you had re-affirmed the answer would still be the same. www.superdebtbuster.com



Answer

Even though you have no personal obligation on the note, the mortgage lien survived the bankruptcy and the lender still can marshall that lien in the case of nonpayment.

- BensonBankruptcy.com



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