Forney, TX Bankruptcy Law Firms & Lawyers

Hard to imagine how you managed to pay that much money if you did not want to continue paying and now you are concerned about it after so long. While the personal liability for the mortgage/deed of trust is discharged in bankruptcy, the debt is still collectable if the bank wants to sell the house in foreclosure and get whatever the sale proceeds are received because it is secured by a lien (a deed of trust or mortgage) and the lien is not affected by the bankruptcy. I would guess that the bank will now claim that you paid voluntarily which you are allowed to do after bankrutpcy. I doubt that you can get it back but your situation is so unusual that you need to consult with an attorney who can review the documents and get all the facts.

That is correct. If you did not reaffirm the debt secured by your house, you can walk away (and the bank cannot call a default and try to evict you as long as you are current on your house). This often leads the banks holding the note against a house not to report the monthly payments you are making it seems to be a strategy to force you to reaffirm, but Courts have ruled that they are not wrong in not reporting the payments.

Whether you will lose your assets depends on the following:   1.  What assets you have 2.  What their value is 3.  Which chapter you file 4.  What exemptions you have available under applicable laws in your case to protect the value in your assets. You need to have a consultation with a bankruptcy attorney in your area to get the answers to your question.  There's far too much missing information here to answer.