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Taking back the foreclosure after filing it under Chapter 7

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  • 09-13-2006, 01:52 PM
    chapter7filer
    Taking back the foreclosure after filing it under Chapter 7
    I filed Chapter 7 back in October and it was discharged in January or February sometime. In it I included the house and home equity loan, along with medical bills. The house is not all the way done in the foreclosure process yet. I contacted the mortgage company to see what I would have to do to take the mortgage back on. They sent me a list of fees
    Past Due Payments $11,500.66
    Late Charges 459.97
    Inspections 267.00
    Previous Bankruptcy 800.00
    Preservations 2,522.30
    Foreclosure Fees/costs 3,792.00
    Service 7.21

    Total $19,349.14

    In the letter it said that some of these charges may not apply. Can anyone tell which ones wouldn't? Would I be liable for all missed payments or just the ones since my bankruptcy was discharged? Also, would I be liable for the home equity loan?
  • 09-17-2006, 03:23 PM
    Mr. Knowitall
    Re: Taking back the foreclosure after filing it under Chapter 7
    You can ask your bankruptcy lawyer which fees may not apply. You may be able to avoid past payments that were actually discharged in the bankruptcy. If you don't also take care of the second mortgage, that mortgagor may be able to foreclose. (You really should discuss your situation with your bankruptcy lawyer.)
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