QUESTION
Can we walk away from the mortgage AFTER discharge and not get a 'Foreclosure' status on our credit report?
Asked on Feb 26th, 2013 on Bankruptcy - California
More details to this question:
We did not reaffirm on mortgage after filing Chapter 7 Bankruptcy. We live in California.
1 ANSWER
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The two processes are separate. If you walk away from the mortgage you will get a foreclosure on your record. Try to work with the bank and a realtor to do a short sale.
Answered on Mar 06th, 2013 at 12:19 AM