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Updated over 13 years ago,
Friend Claimed bankruptcy 4 years ago and property is still in his name!
This is a legal question so anyone in NJ that know please advise.
Friend claimed Chapter 7 in 2007, it was discharged in 2008. One of the properties listed was never taken back by America servicing. They still send a bill and the tax records still come from the town.
Questions- What if any claims does he have to the property? Are there any time limits legally for the bank to take this property back? Does he still legally own the property? Can he fix it up and rent out.My guess is this isn't the first property American Servicing Corp has messed up.
Any help would be appreciated.