As part of our bankruptcy we are surrendering our house. We have not made a payment in 7 months. I called Countrywide to find out how to speed up the foreclosure process, do a deed in lieu, to get our name off the deed. They said due to the bankruptcy being discharged it has to go through a validation process. They said call back in a couple weeks!
Posts Tagged ‘foreclosure’
Countrywide won’t take our surrendered house back
Thursday, March 19th, 2009Countrywide granted relief of stay to start foreclosure
Friday, January 2nd, 2009Today on PACER I see our mortgage lender Countrywide was granted a relief of stay from the court. Even though we are surrendering our house in the bankruptcy, they still have to go through the foreclosure process to get this house back. This seems like a waste to me, but it’s the law.
On the web, I have seen many people staying in their homes for several months. I’ve met one guy, who is also here in Florida going through bankruptcy also. Countrywide is also his lender, it has now been 13 months and he is still in the house.
It appears in our county, once countrywide gets the approval for sale from the court the “sale date” is 90 days from the ruling. That gives us a few months hopefully. We have decided to re-locate back to the midwest, even though we have been in Florida for almost 18 years. This will be a big change.
One thing that worries me, is our lawyer said we should be out in about 30 days from now. I’m gonna just lay low, and see what happens at this point. And keep my eye on the county clerks website for our name to come up.