Depends on the wording of the contract you signed. Sometimes the ciontract has a clause stating the bank may request all payment to be paid immediatly. I've never heard of it actually happening before though.
If you own your car or house and are no longer making payments, should you still have insurance on them? Explain why or why not.
Generally no, but some lenders will allow a judgment to stay open on your credit report if you provide a repayment agreement and proof that payments have been made on time for 6-12 months.
Because the house has been returned to the lender. It is not "yours" in any sense and you have not arranged to reclaim the house by making payments.
The mortgage payments must be made or the lender will foreclose the mortgage.
You can stay as long as you keep making the mortgage payments.
Since you mention making payments, i will assume you do not own your home outright. If you cannot afford the mortgage payments, the lender will foreclose. Regardless if you are disabled or not. However, you would still able to receive any money (up to your state exemptiom amount) from the sale of your house after the lender is paid off. If you have no equity, then you will surely lose the house if you make no payments.
When you either voluntarily give up the house or you stop making payments (foreclosure).
There is not a set amount to pay a minister for performing a house blessing. People offer payments as a gift of appreciation. The amount is not as important as the gesture of giving from the heart.
Contact your mortgage company about doing a "short sale".
The bank will start foreclosure proceedings. They will file a complaint against you in court and seek judgment. The house can then be sold in a sale or auction.
Yes. Failure to reaffirm means that you cannot be sued to recover a deficiency. You can still make the payments.
You will be able to keep the house provided you keep making the mortgage payments. In a chpt. 13, if the 1st mortgage amount is higher than the house value, you can strip the 2nd mortgage and treat it as an unsecured creditor. If the house value is higher than the 1st mortgage, then you will need to keep paying both mortgages.