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  1. #1
    Join Date
    Sep 2010
    Posts
    478

    Default Re: Mortgage Reaffirmation

    I believe Nevada is not an anti-deficiency state meaning, if you had reaffirmed and then defaulted you would have been liable for some or all of the balance due under the contract after the property was foreclosed.

    Now, in answer to your question. . . 1) The reaff needed to be signed by all parties before your discharge was entered. 2) If you really want to have the "benefits" of a Reaffirmation Agreement which may or may not be approved by the Court and, which IMHO is stupid, you would need to get your discharged revoked. Once revoked you woud enter into the Agreement and wait to see if the Court approved it. Once the Agreement was either approved or denied, you would file a Motion to reinstate your Discharge. Seems like a lot of work for something that simply has no benefit to your but for possible reporting to the credit reporting agencies.

    Just continue to make your mortgage payments and leave Reaffirming to consumers who get scammed into thinking such is a good thing.

    Des.

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