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Deed in lieu of forclousre.

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meekmystery Joined: 08 Jun 2010 Posts: 2 1.33 Dollars($)	Posted: Tue Jun 08, 2010 10:44 am    Post subject: Deed in lieu of forclousre. Like 0 Dislike 0 My father co-signed on my duplex. Last year they filed bankruptcy. We keep my townhouse out of the bankruptcy. I am now in a tight situation where I can not afford it anymore. Can I still try to do a deed in lieu of forclosure if my property was previously kept out of the bankruptcy case.
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Tue Jun 08, 2010 10:15 pm    Post subject: Like 0 Dislike 0 Hi meekmystery, As the property was not included in your bankruptcy filing, you can definitely apply for a deed in lieu of foreclosure and try to get rid of it. Your application for a deed in lieu of foreclosure will get accepted if you are delinquent on your mortgage payments. You can write a hardship letter and apply for a it. Thanks

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