Surrendering house in Chapter 13> > >=
Posted: Thu Dec 31, 2009 9:11 am
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Why not wait until foreclosure is completed.
If you cannot, how about stip to M362 with lender
Which lender is doing foreclosure sale?
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem (a debt relief agency)
206 N. Jackson Street, #201, Glendale, CA 91206
Tel: 818-507-6000 Fax: 818-507-6800
* Bankruptcy specialist cert. by State Bar of CA Bd of Legal
Specialization.
Holly Roark
Sent: Wednesday, December 30, 2009 10:07 AM
To: cdcbaa@yahoogroups.com
Subject: [cdcbaa] Re: Surrendering house in Chapter 13
There are two loans. It's an investment property so I assume they are
probably both recourse loans.
Holly Roark
holly@roarklawoffic es.com
Tilem" wrote:
>
> Need more information. How many loans? Recourse or non-recourse? HOA?
> Look at 554(b)
>
>
> David A. Tilem
> Certified Bankruptcy Specialist*
> Law Offices of David A. Tilem (a debt relief agency)
> 206 N. Jackson Street, #201, Glendale, CA 91206
> Tel: 818-507-6000 Fax: 818-507-6800
>
> * Bankruptcy specialist cert. by State Bar of CA Bd of Legal
> Specialization.
> Business bankruptcy specialist cert. by Amer. Bd. of Certification
>
>
> -----Original Message-----
[mailto:cdcbaa@yahoogroups. com] On Behalf
Of
> Holly Roark
> Sent: Tuesday, December 29, 2009 5:07 PM
> To: cdcbaa@yahoogroups. com
> Subject: [cdcbaa] Surrendering house in Chapter 13
>
>
>
>
> We have not filed the case yet. House is in foreclosure and it is vacant.
> Are there any special procedures in a 13 to surrender this house? Do I
have
> to file any type of motion or get approval? Does the unsecured portion of
> the debt have to be paid by debtor through the plan?
>
> Holly Roark
> holly@roarklawoffic es.com
>
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Message
Why not wait untilforeclosure is completed.
If you cannot, how about
stip to M362 with lender
Which lender is doing
foreclosure sale?
David A.
Tilem
Certified Bankruptcy
Specialist*
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