I filed bankruptcy in jan 2007. My home was included. we chose to move out and it has been 4 years. The house is still in our name and has not been foreclosed. The original lender was Countrywide and was sold to Bank of America. we have thought about a short sale and have asked for a deed in lieu but are not sure waht we should do. Our credit not improving. Should we simply wait it out and what is the best decision to regain our good credit?
Asked on 2/01/11, 12:30 pm
1 Answer from Attorneys
Brian D. Lerner
Law Offices of Brian D. Lerner, A Professional Corporation
Hello:
Call the bank and see if they will agree to a short sale.
Answered on 2/08/11, 4:39 pm
Related Questions & Answers
-
Can credit card companeys take your house in maine? Asked 10/07/10, 9:42 am in United States Maine Bankruptcy Law
-
I am recently unemployed. I am behind on all my bills. I need to file for... Asked 1/20/10, 10:57 am in United States Maine Bankruptcy Law
-
Meeting of creditors-1 month ago-just recd notice of possible class action Just... Asked 11/05/08, 4:16 pm in United States Maine Bankruptcy Law
