Chapter 7 was discharged In 2015, mortage is not being track on credit report. So if I stop paying can they add a foreclosure since it was already discharged
Yes..Credit reports simply reflect facts..So if in fact it is foreclosed, then the reports can reflect the fact of that and when! Meanwhile, you might want to see if they will agree to a deed in lieu of foreclosure or quit claim deed, etc..ask them..sometimes they will PAY you for such things! Good luck. PS Do you mean your discharge was in 2010? you say both 2015 in written portion and 2010 in headline in case you want to fix that.
Yes, they can. Foreclosure is not the same as bankruptcy, and is a separate event.
This should not be considered legal advice and is intended for educational purposes only. It does not constitute a contract for legal services between any parties. Answers are given to questions for which there may be additional facts not mentioned which might change the legal issues or consequences.
The debt was discharged but the lien of on the title remains, This Is What Allows The lender to foreclose. I would just stay as long as you can rent free and after foreclosure you may be to some money with cash for keys program.
Even if the delinquent payments were not reported on your consumer credit report, a foreclosure can show up as a public record, and the lender has no responsibility for this information having appeared on your credit. Although foreclosures sometime are not a classic public record, be assured that non-consumer credit reports will disclose this truthful information. So a short sale or even a deed in lieu could be less damaging to your credit after a bankruptcy. Hope this perspective helps.
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