1st Mortgage Discharged In Chapter 7 - Market Values

Housebroken13

LoanSafe Member
Jul 17, 2009
814
13
18
Hi,

My primary mortgage was discharged in a 2009 Chapter 7 BK. We are still in the home and making monthly payments.

Can the lender foreclose on me if I am making payments but the market value of the home increases to the point my loan is no longer underwater?
 

Moe Bedard

Call 1-800-779-4547
Staff member
Loan Safe Mortgage
Aug 10, 2007
26,799
456
1,000
48
Southern California
www.loansafe.org
Hello,

Not as long as you are making payments, and are current on those payments.