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Posted by Will Foust on March 30, 2007 at 18:26:28:
We live in Missouri and were discharged from Chapter 7 in October of 2005. We decided at the time to stay in our house and were current on all payments (and have continued to be). We did not sign a reaffirmation agreement with our mortgage companies (1st or 2nd). Some recent life changes have made us consider walking away from our house because it will be hard to afford the payments, plus we could never get what we owe in the current market. Can we "just walk away" into foreclosure, since we listed it in BK, without worrying about being sued for any balances owed? Thanks for any info..