Home / 2011 / February

Archives for February 2011

What happens if I file a Chapter 7 bankruptcy in Michigan and I discharge the debt underlying my mortgatge?

Just because the debt was written off does not mean they will release the mortgage.  Michigan law (MCLA 600.3175(1)) provides: (1) When a recorded mortgage on real property, land contract, or tax lien (except tax liens held by the state or any political subdivision of the state) on lands or property has been paid or…