Loans, Debt & Credit - View Single Post - Ditech/GMAC Mortgage 1st and 2nd Will they pursue a deficiency judgment?

CaughtintheMiddle · 08-22-2008, 04:12 PM

He is a BK attorney. According to him, timing of the BK before or after foreclosure doesn't matter. One relief is that we can FINALLY quity paying insurance on the place and hand that over to the lender. Also having trouble with kids getting into the place, so also have asked lender to go ahead and change the locks.
Why do you think the timing is off? Are you an attorney?

08-22-2008, 04:12 PM	#17 (permalink)
CaughtintheMiddle Member Join Date: Feb 2008 Posts: 16 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Ditech/GMAC Mortgage 1st and 2nd Will they pursue a deficiency judgment? He is a BK attorney. According to him, timing of the BK before or after foreclosure doesn't matter. One relief is that we can FINALLY quity paying insurance on the place and hand that over to the lender. Also having trouble with kids getting into the place, so also have asked lender to go ahead and change the locks. Why do you think the timing is off? Are you an attorney?