jeffr Posted August 9, 2007 Report Share Posted August 9, 2007 My wife's uncle filed a Chapter 7, and his 341 meeting is next week. His first mortgage company I believe is filing an objection, or are creating problems...He's walking away from the house....the bank is probably ticked!My guess is with the depressed mortgage market.I honestly don't see how they can achieve anything! He's entitled to the Chapter 7 and should be able to walk away, correct? Link to comment Share on other sites More sharing options...
LadynRed Posted August 9, 2007 Report Share Posted August 9, 2007 Correct. I can't imagine what they have to object over if he's giving up the property. Too bad if they don't like the tough housing market, but they can't force him to keep the house. Link to comment Share on other sites More sharing options...
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