Jump to content




Welcome to CreditBoards!


Sign In 

Create Account
Welcome to CreditBoards! Like most online communities, you must register to post in our community, but don't worry - this is a simple process requiring minimal information for you to sign up. Be a part of CreditBoards by signing in or creating an account.
  • Start new topics and reply to others
  • Subscribe to topics to get email updates
  • Get your own profile page and make new friends
  • Send personal messages to other members.
 
Guest Message by DevFuse

Read These Items!

  • If you're getting an Authentication mismatch error: Clear your cache. Log out of CB. Delete your cookie. Close your browser. Open your browser and log back in.

Photo

PNC filed a motion to reflief of the stay in our bk, how soon will they foreclose?


  • Please log in to reply
5 replies to this topic

#1 jmw1212

jmw1212
  • Members
  • 849 posts

Posted 28 February 2012 - 05:15 PM

I am a bundle of nerves. What will PNC do once they get their relief of stay? How soon will they try and foreclose? We two small boys and have nowhere to go. Court is set for 3-20-12. I am reapplying for HAMP, but I am running out of time. :(

Edited by jmw1212, 28 February 2012 - 05:16 PM.




#2 glen1348

glen1348
  • Members
  • 2 posts

Posted 28 February 2012 - 05:28 PM

I am a bundle of nerves. What will PNC do once they get their relief of stay? How soon will they try and foreclose? We two small boys and have nowhere to go. Court is set for 3-20-12. I am reapplying for HAMP, but I am running out of time. :(



#3 glen1348

glen1348
  • Members
  • 2 posts

Posted 28 February 2012 - 05:29 PM


I am a bundle of nerves. What will PNC do once they get their relief of stay? How soon will they try and foreclose? We two small boys and have nowhere to go. Court is set for 3-20-12. I am reapplying for HAMP, but I am running out of time. :(


please exp.

#4 jmw1212

jmw1212
  • Members
  • 849 posts

Posted 28 February 2012 - 05:33 PM

When you file bankruptcy you enter into an automatic stay. Creditors have to stop calling, harrassing you and they can't foreclose or repo until they have their attorney go to the bankruptcy court and ask the judge for relief from the stay. The judge will grant relief and then the bank or creditor will start to foreclose. :(



I am a bundle of nerves. What will PNC do once they get their relief of stay? How soon will they try and foreclose? We two small boys and have nowhere to go. Court is set for 3-20-12. I am reapplying for HAMP, but I am running out of time. :(


please exp.



#5 TTT Community Recovery

TTT Community Recovery
  • Members
  • 3 posts

Posted 21 March 2012 - 07:00 PM

It is my understanding that all the lenders go in and ask for an automatic stay. You should have enough time to send in you paperwork to restart your mod. I don't think they foreclose while you are in bk at least we havent seen that happen yet.



When you file bankruptcy you enter into an automatic stay. Creditors have to stop calling, harrassing you and they can't foreclose or repo until they have their attorney go to the bankruptcy court and ask the judge for relief from the stay. The judge will grant relief and then the bank or creditor will start to foreclose. :(




I am a bundle of nerves. What will PNC do once they get their relief of stay? How soon will they try and foreclose? We two small boys and have nowhere to go. Court is set for 3-20-12. I am reapplying for HAMP, but I am running out of time. :(


please exp.



#6 tiggerlgh

tiggerlgh
  • Members
  • 1,589 posts

Posted 21 March 2012 - 07:43 PM

It is my understanding that all the lenders go in and ask for an automatic stay. You should have enough time to send in you paperwork to restart your mod. I don't think they foreclose while you are in bk at least we havent seen that happen yet.




When you file bankruptcy you enter into an automatic stay. Creditors have to stop calling, harrassing you and they can't foreclose or repo until they have their attorney go to the bankruptcy court and ask the judge for relief from the stay. The judge will grant relief and then the bank or creditor will start to foreclose. :(




I am a bundle of nerves. What will PNC do once they get their relief of stay? How soon will they try and foreclose? We two small boys and have nowhere to go. Court is set for 3-20-12. I am reapplying for HAMP, but I am running out of time. :(


please exp.



TTT, yes they can and do. That is the purpose of them filing to lift the stay, if not they would wait for discharge.




0 user(s) are browsing this forum

0 members, 0 guests, 0 anonymous users



© Copyright 2003 - 2013 Creditboards.com. All rights reserved. No portion of this site may be reproduced without explicit permission from the owners. The content of creditboards.com is subject solely to the personal whim of its admins. We reserve the right, at our sole discretion, to remove any and all posts or comments, at any time, for any reason which takes our entirely capricious fancy, or for no particular reason whatsoever, without restriction. Comments or questions regarding the site may be addressed to admin@creditboards.com.