If my second mortgage was “charged off” after my Chapter 7 discharge, now what?

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If my second mortgage was “charged off” after my Chapter 7 discharge, now what?

I had a discharge 21 months ago. My house was not reaffirmed. The first is goingdeed in lieu now; the second was listed as discharged in bankruptcy. The holder of the second sold it and the company they sold it to just listed it as “charged off”. What does that mean? How do you charge off something discharged? Another hit on my credit report besides the “discharge”? So is the lien for the second gone?

Asked on February 22, 2012 under Bankruptcy Law, New Jersey

Answers:


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