Elizabeth M Quick’s Answers

Elizabeth M Quick

Kirkland Car / Auto Accident Lawyer.

Contributor Level 2
  1. We were given a modification by our original lender after chapter 7 discharge. But it is not on our credit Are we liable for it?

    Answered about 2 years ago.

    1. Thuong-Tri Nguyen
    2. Minh T. Tran
    3. Elizabeth M Quick
    4. Alan D. Walton
    5. Peter Walter Weston
    5 lawyer answers

    When you received your discharge in January of 2010 your mortgage was discharged because you did not reaffirm the debt. Because Washington has specific statutes that govern how lenders must foreclose, the lender doesn't simply get the house back after the bankruptcy discharge. You must be in default and the lender must follow some strict notice requirements to give you the opportunity to get caught up. So, to answer the question whether you are liable for the loan, the answer is only if you...

    1 lawyer agreed with this answer

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  2. Can someone declare a chap 7 bk, include an equity line on an owner occupied condo, and keep the property?

    Answered over 2 years ago.

    1. Minh T. Tran
    2. John Groseclose
    3. Gregory J. Jalbert
    4. Elizabeth M Quick
    5. Joseph Leo Bernwanger
    6. ···
    7 lawyer answers

    A Chapter 7 discharge elminates a debtor's personal responsibility to pay the debt but it does not extinguish the lien on the property. This generally means that if you want to keep the property, you need to pay on the loans to prevent the lenders from exercising their rights on the lien. A mortgage lender must follow Washington State law to foreclose on a property in our state. If the homeowner stays current on the loan despite having a chapter 7 discharge, a lender cannot foreclose. On...

    1 lawyer agreed with this answer