Have a 1st and 2nd with Countrywide....now BoA. Will give you the shortened version. 1st and 2nd add to approx $218,000, with the 2nd being about $20,000. Had to file bankruptcy and included both the 1st and the 2nd in the bankruptcy. Was just discharged December 15th. Hadn't heard anything from BoA until we got a letter yesterday saying that our 2nd was sold to Green Tree. How can they do that if it has been discharged in the BK? Are they just that far behind? Because they apparently knew during the BK because our statements that came during that time had the BK disclosure on them.
Prior to the BK we tried a mod with them and a long story short we have not made a payment since September 08. No, sheriff's sale notice....nothing ever seemed to get very far with them. We would just get the notices and statements saying how far behind we are. Was wondering if they will do a principal reduction now that the 2nd was discharged in BK or will they eventually just accelerate the foreclosure process? How long does that usually take after BK??
Thanks for any help!