Glenford, NY Bankruptcy Law Firms & Lawyers

Chapter 13 bankruptcies last from 3-5 years. The issue of each year's tax refund depends on where you are located. Different chapter 13 trustees have different practices on how refunds received during the plan are treated. Sometimes the issue is just whether the refund is larger then the refund in the year prior to filing. This issue should be discussed with your local attorney.

I am confused by your questions. I will do my best to help. First - you swore under oath that you listed 100% of all your debts and assets. That should have included your home loans. Second - a refinance after the bankruptcy is a new contract. You are required to comply with new contracts, otherwise the creditor has a right to pursue their legal remedies. Third - depending on the state where you live there may be some protection as far as a foreclosure. Check with an attorney in your state regarding anti-deficiency laws. I hope this helps.

In most Chapter 7 cases, a mortgage loan is not reaffirmed. I assume that you own the home and there is not a dispute with the bank as to the amount of the payoff. You would have the right to sell the property if you own it. You need to contact an attorney and go over the details of the case. Although it appears you could sell the property, you may have left out important details that would change what I think is the correct answer.