The check is issued in the names of you and the lender?
Yes it is.
Since the Lender is listed as leinholder.... I am pretty sure I have no right to the money myself....however it doesnt seem fair that the bank gets paid off and I loose out on
the equity value of the property....
Since the Lender is listed as leinholder.... I am pretty sure I have no right to the money myself....however it doesnt seem fair that the bank gets paid off and I loose out on
the equity value of the property....
Equity value? The house is being foreclosed. How are you losing out on anything? Due to the BK, you will owe nothing at the end of the foreclosure. The bank is the only party that is injured here.