Negative reporting on discharged debts - UPDATED

[bkfreeandclear]

1. BK filed July 2010, discharged October 2010.
2. Did not reaffirm mortgage or car. Now losing home to foreclosure.
3. Have been making car payments on time and current.

Q1. Will the foreclosure report on our credit reports?
Q2. Will lenders only see the BK and how soon purchase home?
Q3. If pay car off, can the bank still repossess or are they obligated to give us title?

Q4. Wondering what our options are for house. We are seeing lawyer to file deferral of sale to buy more time. Wondering how this will play out with the BK. Is deed in lieu or short sale a wise idea and what are the ramifications? What is the best option?

[rebuildr]

I filed for chapter 7 in sept 08 in Florida and was dicharged in Dec. 08. My first was with Countrywide, now BOA and my second was with BOA from the beginning. I've spent the last three years rebuilding my credit and finishing the huge addition that put me so far under to begin with, well that and the decline in value due to the market. Anyway I was pushing close to 700 until a couple of months ago when my mortgage or at least the servicing of it was turned over to Greetree. Greetree bought the discharged mortgage from BOA and the told me in advance so I continued to make payments to them. Well now Greetree is reporting the account. They show it as closed on Sept 1 2011 and as bankruptcy with 0 bal. The problem is that my score dropped right away about 50 points. The negitive reason given by FICO was a recent late payment or derogatory remark. Does Greetree enen have a right to report at all, and if so can they report the account closed as of Sept 2011. My fear is that even if I get them to change or remove the closed date, their recent report of a bankrupt account will affect my score anyway. Your Comments?