Posts Tagged ‘surrender house’

Hopefully final new bankruptcy schedule C

Monday, January 5th, 2009

Today we changed our exptions AGAIN now for the 3rd time due to the trustees objections. One thing I forgot to mention yesterday was we had received a $1000 dividend in December from the stock, which has caused some problems. Since it (the stock) was property of the bankruptcy estate, the trustee requires we repay the dividend to her. Keep in mind I’m not working… we used it for everyday expenses… now we need to come up with $1000 for her. What a pain.

My attorney said if the trustee objects again, he is going to go to court in front of the judge as she is causing undo grief. We are only trying to claim what we are entitled to by the law, nothing more. We have already agreed to surrender virtually everything. We’ll just have to see what happens.

Countrywide granted relief of stay to start foreclosure

Friday, January 2nd, 2009

Today 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.