Lender won't put their name on title after BKruptcy discharge

This is a discussion on Lender won't put their name on title after BKruptcy discharge within the Mortgages, Refinancing, Foreclosure forum, part of the Buying & Selling Property category; I am desperate...a year ago I had to file chapter 7 and I included my home in the bankruptcy. My ...

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Old Feb 2nd, 2009, 01:37 PM   #1
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Confused Lender won't put their name on title after BKruptcy discharge

I am desperate...a year ago I had to file chapter 7 and I included my home in the bankruptcy. My mortgage was completely discarged and I was happy about the outcome as I didn't won't to keep the home. Now a year later the home still on my names on the county records...I am still getting charged for association fees etc....the lender doesn't want assume ownership till the home sells. Now a year later the home is foreclosure but is not for sale yet.
What can I do to expedite the process? Is legal for me to file a quit claim deed without the lender approval?

Please advise...this is a nightmare
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Old Feb 3rd, 2009, 08:58 AM   #2
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Default Re: Lender won't put their name on title after BKruptcy discharge

Secured obligations like home mortgages don't get discharged in bankruptcy in many cases. Not sure what you think really happened...or what did...

You need to consult your bankruptcy attorney to see what is the status etc.
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Old May 27th, 2009, 01:12 PM   #3
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Default Re: Lender won't put their name on title after BKruptcy discharge

This is an increasing occurrence. You are legally obligated for all expenses to maintain the property, including HOA fees from the time of your bankruptcy filing.

They can sue you for these items, the HOA could opt to place a lien on the property AND come after you.

There is no legal method to force a lender to foreclose faster. Or at all.

Lenders have been overwhelmed with the problem of foreclosed homes and it is becoming more common that they wait years to foreclose, fully intending that the borrower, not the lender, be stuck with the fees.

Free rent for those aware of the issue and in the home.
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Old May 27th, 2009, 01:13 PM   #4
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Default Re: Lender won't put their name on title after BKruptcy discharge

Your obligation will last until the deed is in the lender's name.

That could be far after the sheriff sale, as well.
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