Paxton, FL Bankruptcy Law Firms & Lawyers

You need to consult with your bankruptcy attorney about this. You filed bankruptcy in Nevada and should consult a Nevada attorney. As a general rule the bank does not want a deed in lieu, they have filed a foreclosure and will get title through that avenue. The debt to BofA was discharged as was the debt on the second mortgage. You have a fresh start. Your credit report should be reporting that the debt was discharged.

If the HOA has a lien, then a chapter 7 filing cannot remove the obligation. If only one person files bankruptcy, it only prevents the HOA from collecting from that person. The other spouse is still obligated to pay the debt.

That depends on the exemption laws applicable to your case on the date your case is filed. Exemptions are "protections" for value you have in certain assets such that they are "exempt" from collections.  Every state has different exemptions amounts available. Exemption laws are based on the state where you resided for the 2 years prior to filing your bankruptcy case or, if you lived in more than 1 state during that period, in the state where you resided for the greater part of the 180 days prior to that 2 year period.  Assuming you've lived in Florida more than the past 2 years, you should be able to protect the equity in your home in any amount, but you should consult with an experienced bankruptcy attorney in your area for more details. Mark Markus has been practicing exclusively bankruptcy law in California since 1991.  He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization,  AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.