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If you reaffirmed the debt during your bankruptcy case, or if you signed new mortgage/note paperwork after your bankruptcy, then they CAN generally come after you for a deficiency balance if the home does not sell for enough to pay off the debt. If you did NOT reaffirm the debt during the bankruptcy case, or did NOT sign any new notes afterwards, then they usually can NOT come after you for any deficiency balance from a foreclosure sale afterwards. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts and law, which I do not warrant, and I am not suggesting any course of action or inaction to any person. Speak to a lawyer for specific advice. If you have any questions, please refer to a lawyer in your jurisdiction. Thanks!

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โˆ™ 2007-05-19 16:41:45
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Q: You filed chapter 7 bankruptcy 3 years ago If you foreclose now on your house can they still come after you for money after a auction?
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Related questions

Can they foreclose on a home filed under chapter 7 bankruptcy?

It will, at most, briefly delay the process.


If you filed chapter 13 bankruptcy and it was discharged can you file chapter 7 bankruptcy now?

Yes.


Has testa corp filed chapter 11?

Chapter 11 is a type of bankruptcy that can be filed by both businesses and people. Testa Corp filed bankruptcy on October 11, 2013.


Has bachrach filed for bankruptcy?

Yes, on May 6th, 2009, Bachrach LLC filed chapter 11 bankruptcy protection.


When can you file a chapter 7 bankruptcy again if you filed a chapter 7 in 2000 under old bankruptcy laws?

2008


Can you declare bankruptcy now that your first bankruptcy is discharged?

It depends on the chapter you filed under. If you filed under Chapter 7, you have to wait 8 years before filing again. If you filed under Chapter 13, you only have to wait four years.


How do you file a voluntary dismissal of a chapter 7 bankruptcy?

You can have your Chapter 7 claim dismissed as long as the dismissal will not harm your creditors. This is filed with the court in much the same way as when you initially filed for chapter 7 bankruptcy


When can you file a chapter 7 bankruptcy again if you filed a chapter 7 in 2003?

2011


Can you file chapter 7 again if you filed bankruptcy in 2001?

my chapter 7 bankruptcy discharged Jan 2002 when can i apply again


If you filed bankruptcy last month when are you eligible to file bankruptcy again?

A Chapter 7 can be filed again eight (8) years after the discharge. A Chapter 13, can be filed four (4) years after the discharge of a Chapter 7, 11 or 12; and two (2) years after the discharge of a previous Chapter 13.


Are all debts automatically discharge in chapter 7 bankruptcy for a bankruptcy that occurred in 1988?

If a debt was listed on a Bankruptcy that you filed and the Bankruptcy went through then that debt is permanently discharged with a Chapter 7.


How does a client get their money back if the business files for bankruptcy?

It depends on the chapter they filed and the financial state of the company, most likey not, that is why the filed for bankruptcy, they have no funds.


In Kentucky How long after bankruptcy can you file chapter 7 and can you file chapter 13 after chapter 7?

You can file bankruptcy again 7 years after the last time you filed.


Can a judgment be made on a person who has filed chapter 7 bankruptcy?

yes


How long will a dismissed bankruptcy stay on your credit?

:A bankruptcy under chapter 7 or 11, or a non-discharged or dismissed chapter 13 bankruptcy generally remains on your credit file for 10 years from the date filed. A discharged chapter 13 bankruptcy generally remains on your credit file for 7 years from the date filed.


If you filed a chapter 7 bankruptcy in mi and it is discharged how long do you have if you need to file an amendment?

If you filed a Chapter 7 bankruptcy in MI and it is discharged, you can amend whatever document you want at any time. It does not matter whether it is during the process of bankruptcy or after the discharge.


Can a client that filed bankruptcy five years ago file bankruptcy again?

Yes but chapter 13 only, chapter 7 after 8 years


Will bankruptcy trustee take pain and suffering settlement?

If (a) you filed Chapter 7 *AND* (b) the injury occurred *AFTER* you filed, no. Otherwise, you should discuss it with your bankruptcy attorney.


Is chapter 7 bankruptcy clear 10 years from court announcement or hearing date?

Chapter 7 Bankruptcy will be removed from a credit report 10 years after the date the Bankruptcy was FILED.


When you file chapter 7 bankruptcy and the case was dimissed will this show up on my credit report?

Yes. It will show that you filed bankruptcy and that the bankruptcy was dismissed.


If my parents have filed bankruptcy chapter 13 can a student get student loan?

Yes.


Your Wife an you jointly filed chapter 13 bankruptcy if you separate will the case be dismissed?

No


What is a consumer bankruptcy?

Consumer bankruptcy is bankruptcy that is filed by the individual who is in debt mostly due to consumer good. This is opposed to a business or corporation filing for bankruptcy. There are two types of bankruptcy which an individual/consumer can file under: Chapter 7 and Chapter 13.


When did Pacific Gas and Electric file for bankruptcy?

Pacific Gas and Electric filed for Chapter 11 bankruptcy in April 2001


What company filed the largest corporate bankruptcy?

The Lehman Brothers Holding, INC filed Chapter 11 on 15 September 2008 at $639 billion in pre-bankruptcy assets. It was the largest corporate bankruptcy to date.