what does discharge of mortgage mean

What is discharge of mortgage
Once it is paid in full, a mortgage discharge must be recorded in the land records. A recorded . What do you do if your mortgage discharge was not recorded?


    • 1

      What Does a Discharged Mortgage Mean? | eHow.com
      What Does a Discharged Mortgage Mean?. A discharge is a designation that a mortgage -- or any loan -- officially has ended. This is an important step for many .

    • 2

      How to Discharge Your Mortgage | eHow.com
      A mortgage discharge means you have paid off the mortgage loan and the property is now all yours, without the bank owning any portion of it. Once you do this, .

    • 3

      What Does it Mean to Discharge a Loan? - Loans.QandAs
      What Does it Mean to Discharge a Loan? . a loan is “discharged”. it means that the loan is cancelled. . Where can I find a local Mortgage Loan Specialist?

    • 4

      Mortgage Discharged in Bankruptcy is NOT Free and Clear
      Apr 25, 2011 . What it boils down to is that when mortgage debt is discharged through BK, it does not mean that you own the home free and clear, and it .

    • 5

      Does a Chapter 7 Bankruptcy Discharge a Secured Mortgage Loan ...
      Does a Chapter 7 Bankruptcy Discharge a Secured Mortgage Loan . As a practical matter, this means bankruptcy can eliminate any potential for the lender to .

Tips & Warnings

  • Mortgage & Bankruptcy Discharge | Home Guides | SF Gate
    Chapter 7 will discharge any of your personal responsibility on the mortgage. This means that you can never be liable to the lender for a deficiency judgment.

  • What does it mean to reaffirm a mortgage?
    Askville Question: What does it mean to reaffirm a mortgage? . of your creditors ( some rare exceptions like some taxes) to release you from the .

  • How to discharge your mortgage
    What Does This Mean? When discharging your mortgage, you are paying your current loan in full. The mortgage we have registered on the title of your property .

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