What is the name of your state (only U.S. law)? Pennsylvania
In 2006 I declared personal bankruptcy. Handled it myself. Was kinda stunned when the judge refused my request to reassume my mortgage - even though I had made those arrangements with the bank. So, I've been living in the house and making the payments ever since - without it being reported to the credit bureaus.
My question is - If I were to walk away from this house now - would my credit suffer with a foreclosure stuck in there for another 10 years - or since this debt was discharged in the 2006 bankruptcy - would it NOT show up in my credit report as a foreclosure?
The answer to this question is vital as to whether i stay in this house or walk away to buy a new home.
Please advise and thanks in advance.