Foreclosure University Forum

protected with chapter 7 bankruptcy discharge

by maryland101, Saturday, May 22, 2010, 16:36 (2862 days ago)
edited by maryland101, Monday, May 24, 2010, 19:33


I filed a chapter 7 no asset bankruptcy in 08 and got my discharge in Jan 09. Through bankruptcy I surrendered the home and moved out also in 08 (value was 360k and fell to 230k). Prior to filing bankruptcy we did everything to sell our house. My lender Bank of America refused to sell below the price owed to any would be buyers. The house has been empty for 2.5 years and they still have not forclosed on the property( they have made many empty threats but they always back out at last min) thus leaving the house in my name. The house has been empty all this time and has been completly trashed by looters. B of A has been paying the property taxes and cutting the grass up to now. But I'm afraid that if they stop the county says I will still be responsible for this property since it's still in my name and I can't afford that. I was wondering since they can't come after me for any deficiency because I'm protected with the bankruptcy discharge, can I just do a quit claim deed back to the lender since I don't need their permission to give it back to them> I have begged them to foreclose but they won't. What other options do I have> I live in maryland.

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