Central District Consumer Bankruptcy Attorney's Association

You can't unless lender accepts surrender. Lender won't accept because there could be anything on title, including a secret tax lien. Foreclosure give real clear title. Much better for lender.
D
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On Dec 10, 2009, at 2:48 PM, "Holly Roark" wrote:
My clients want out. They indicated they intend to surrender the house; lender has obtained relief from stay; nothing has happened. Lender has done nothing else to foreclose or take it back or to communicate with me. Debtor is concerned about postpetition liabilities and is maintaining insurance. How do we surrender the house?
Holly Roark
holly@roarklawoffices.com
You can't unless lender accepts surrender. Lender won't accept because there could be anything on title, including a secret tax lien. Foreclosure give real clear title. Much better for lender.DSent from my iPhoneOn Dec 10, 2009, at 2:48 PM, "Holly Roark" <roarklaw@yahoo.com> wrote:

My clients want out. They indicated they intend to surrender the house; lender has obtained relief from stay; nothing has happened. Lender has done nothing else to foreclose or take it back or to communicate with me. Debtor is concerned about postpetition liabilities and is maintaining insurance. How do we surrender the house?
Holly Roark
holly@roarklawoffices.com

The post was migrated from Yahoo.

X-eGroups-Edited-By: easky1
My clients want out. They indicated they intend to surrender the house; lender has obtained relief from stay; nothing has happened. Lender has done nothing else to foreclose or take it back or to communicate with me. Debtor is concerned about postpetition liabilities and is maintaining insurance. How do we surrender the house?
Holly Roark
holly@roarklawoffices.com

The post was migrated from Yahoo.