Results 1 to 2 of 2
  1. #1

    Default 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?

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default 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.)

    1. Sponsored Links
       

Similar Threads

  1. Chapter 7: Foreclosure After Filing Chapter 7
    By rmbateman in forum Bankruptcy Law
    Replies: 1
    Last Post: 03-04-2011, 06:51 PM
  2. Chapter 13: Giving House Back and then Filing Chapter 7
    By yzerman in forum Bankruptcy Law
    Replies: 2
    Last Post: 05-13-2009, 06:46 PM
  3. Chapter 7: Filing Chapter 7 After Taking Cash Advances
    By destroymydebt in forum Bankruptcy Law
    Replies: 1
    Last Post: 03-16-2008, 08:05 PM
  4. Chapter 7: Filing Taxes Before Filing Chapter 7 Bankruptcy
    By peavoo in forum Bankruptcy Law
    Replies: 2
    Last Post: 01-07-2008, 02:50 PM
  5. Chapter 13: Filing Chapter 13 Bankruptcy After a Chapter 7 Discharge
    By jeremy24175 in forum Bankruptcy Law
    Replies: 4
    Last Post: 09-14-2005, 11:51 AM
 
 
Sponsored Links

Legal Help, Information and Resources