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How do you surrender a house to the bank for chapter 7. No bank will cooperate.?
Wiki User
∙ 16y ago
The ONLY "bank" you can/should speak to is the one that has the mortgage (no one else would be interested or can do anything other than buy the house - and they probably have more than they want)...that is the one you pay (or aren't) to.
They'll want to talk with you....tell them your probably filing BK and interested in doing a "friendly" foreclosure to do the right thing for everybody involved.
Wiki User
∙ 16y ago
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What is the most common form of government backed cooperate bank?
a bank
We filed chapter 7 bankruptcy. When can the bank take the house?
When you either voluntarily give up the house or you stop making payments (foreclosure).
If you filed chapter 13 after your car was repossessed and the bank was notified how long does it take to get your car released?
You only get the car back if you file for Chapter 13 before the bank auctions off the vehicle. If you file for Chapter 13 before the auction, the bank should turn over the property right away. If the bank won't cooperate, you may need to file a formal motion with the bankruptcy judge for a turnover order. The time to have the motion heard will depencd on the Court's workload, perhaps 4-6 weeks.
How do I surrender a vehicle to the bank?
obama did it!!!!!!!!!!!
How do you cancel ATM card of state bank of India?
surrender it to your State bank of india branch.
What happens if bank does not claim a motorcycle after Chapter 7 bankruptcy?
Why do you think the bank has to do anything? You signed a document filed with the court called "Statement of Intention" in which you said you were surrendering the motorcycle. You have to go to the bank and give them the keys and tell them where the vehicle is. They may direct you to take it to a specific location to surrender it. If they want to abandon the property, they have to do it in writing.
What does BCL and FCO stand for?
BCL = Bank Comfort Letter, FCO = Full Cooperate Offer
Do we the people have to submit my bank statements to the bank holding a car loan?
Not after you are approved. if you can't afford to pay, surrender it/
Does the bank have to refinance you if you file a value of collateral in a chapter 7 for what the house is worth?
No, it does not. But there may be a change in the law allowing a "cram down" of mortgages, as there used to be in bankruptcy.
When was Bank House created?
Bank House was created in 1967.
Where did grant and lee meet to arrange the terms of surrender?
At Appomattox Court House, where they and there entourage were accommodated in the house of William McLean. William McLean was the same man who owned another house on the bank of the Bull Run, where the Confederate Army's General Staff had had its seat during the Battle of First Manassas.
Explain what is surrender bill of lading?
Under a term import documentary credit the bank releases the documents on receipt from the negotiating bank but the importer does not pay the bank until the maturity of the draft under the relative credit. This direct liability is called Surrender Bill of Lading (SBL), i.e. when we hand over the bill of lading we surrender title to the goods and our power of sale over the goods.
