I had a chapter 7 bankruptcy in 2001. At that time we only wanted to discharge credit card and personal loans. The bankruptcy lawyer told us we could exempt our land, mobile home, and vehicles which we did. We got reaffirmation on everything but the mobile home loan. We were told that as long as I made the payments on time and kept the insurance and taxes paid, we could keep it. What they did not tell me was that loan would be discharged with everything else. I also learned many years later that even though the loan was discharged, the lender still had the lien on the title. The original loan amount was 72,000 and the loan has been transferred twice since the bankruptcy. I have paid 112,000 on this mobile home and after 15 years of paying on time, I still owe 62,000 on the principle. Although I am not liable for the note and if I walk away, they still hold the title to the mobile home. It is on land that I own and once moved, will never sell for what is owed on it. I guess my question is, if I did walk away, would this still be a foreclosure? or a repossession on my otherwise perfect record?