Your discharge and ownership of the Note and Deed of Trust for your home have no relationship with each other. The Note and Deed of Trust contain the right for the lender to sell/assign the Note and Deed of Trust. When you received your discharge, it removed your personal liability for the Note. However, the holder of the Note and Deed of Trust still has its rights against the real property. As long as you remain current on the Note, you should have nothing to worry about; just make sure that you send your payment to the correct place (the Note and Deed of Trust may be sold, but they could maintain the same loan servicer or they could change servicers - make sure that you open all mail). This answer was provided as a public service to a question posed on the Law Q & A website. The answer is based on the information provided and is limited to those facts. Furthermore, the answer is based on California law and their application to bankruptcy law in California. Additional information could change the context of the question and materially change the answer.
Answered on Aug 05th, 2013 at 10:21 PM