Reverse Mortgages come due at death, after foreclosure is the name of the foreclosed party decedent's name or heirs?

As long as the heirs are not a party to the mortgage, the foreclosure should only appear under the decedent's name. If the heirs names were on the...

Are we responsible for insurance that the mortgage company took out on the property that we surrendered in CH 13

Technically yes, but I have yet to have a bank try to collect against a client. Most just let it go and add it to the final amount in the FC...

You bought the condo subject to BoA's mortgage. Until they foreclose you still have all the rights of the owner. You can rent it or live there...

How can he get them to stop taking so much. I am disabled so therefore his income pays everything. looking for answers.Thank you

Speak to a local bk attorney. Once filed the automatic stay will protect your husband from the garnishment.

I am in Bankruptcy Ch. 7, should I inform the secured creditor of the wrong legal description in the loan documents?

This kind of thing is very common. If they try to foreclose on you, they will have to correct the legal description. This error will not affect...

Selected as the best answer

If I redeem a foreclosure judgment prior to the auction, is the amount of the Final Judgment recorded the amount I pay?

Unless you can cut a deal with the bank, yes, you will have pay all of those other add ons.

Does the quoted statement mean this account will be paid for deletion/removed from my credit? Can I still sue after paying?

When you settle the debt, it is not removed from your credit report unless you can get the creditor to agree to do so. However, it will have a $0...

Does bankruptcy bring your credit score to a flat number or is it relative to your current score?

When filing a Ch 7 your credit score will basically be wiped out for the 4-6 month period you are in the case. Once you get your discharge you can...

You will not get the title until you pay off the debt or make a deal with the lien holder. The 7 just makes it so the lien holder cannot come...

Can you do settlements and redemptions on first and second mortgages during active bankruptcy chapter 7?

It may be best to wait until the bk is over to do this. You cannot redeem a mortgage in a Ch 7, that is for personal property only, not real...