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Debt Relief – Insolvency – Bankruptcy Information » Foreclosure Help » what does it mean exactly if my house went to foreclosure but was instead charged off?

what does it mean exactly if my house went to foreclosure but was instead charged off?

my house went into foreclosure and after about 6 months of non payments and letters they’re now telling me that the mortgage company charged off the account. I’m trying to figure out what that means exactly. Who owns the house now as I have walked away from it. What is the difference from a charge off and the home actually going into foreclosure? What is the next step in the process. Any help with this would be greatly appreciated. I live in Michigan if that helps.

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One Response to "what does it mean exactly if my house went to foreclosure but was instead charged off?"

  1. Rick says:
    well i can only suggest you a link that deals with all the stuff you have mentioned in your question so please have a look at it
    http://foreclosureworkouts.info/

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