[gators gutt]

REPOST!!Please read "CAREFULLY". In 2008 my mortgage was included in Chap 7 and Discharged! The bank told me I could stay in the house as long as I paid the original monthly payment PLUS the arrears. I agreed, the mortgage was NEVER reaffirmed or MODIFIED. I have to move out of state and no longer want anything to do with this house. The problem is the Deed is still in my name, I was told I could let the bank foreclose or I could ask for a Deed in lieu of foreclosure. Do I still have to qualify under the hardship rule? I have re-builded my credit and don't want or need anything negative on my credit report! So do I need to show hardship if I no longer has a mortgage??PSI ask in Marriage and Divorce because I think someone experience something like this before! More people in M&D.

[in the sky how I wonder]

I think you would be better off contacting an attorney with these questions. I know nothing about foreclosures...

[Serina Carlor]

not 100% sure about the hardship letter but you definitely dont want a foreclosure on your credit report thats just as bad as chapter 7 if not worse sometimes... have you talked to the bank and asked what your options are? i know that when i was going for the modification they sent me paperwork on the other options and i remember reading that you can sign the deed over to the bank. you can also try a short sale or even see if there are people in your area that are buying out properties before the bank forecloses and can settle like in 10 days and they have the house... at least i have that in my area where i'm from. but i would def. call the bank and let them know the situation and that you want out. they will be able to give you their options because every bank is different in how they handle things of how to settle. but i wouldn't let the bank just take your house if you just got your credit cleaned up... good luck