Behind on 2nd Mortgage

[charmd]

I am currently behind on my second mortgage. My commissions have decreased the past few months- I am about 5 months behind and made my last payment in April. I am going to try and pay something this month.
I did call but they won't speak with me about the payments due to the BK.
I have been confirmed for over a year, but don't want Citibank to file paperwork having the BK dismissed due to me not being current.
I am current on my first and trying to do a loan modification.
Has anyone had any experience being behind on a second? I am waiting on a large commission due in August and should have the loan caught up by September.
Also, we are about $80,000 underwater- the second is for $200,000 so the $80,000 would be part of the second.
Thanks for any thoughts.

[cbmmom5]

Hi, is there anyway you can get the second mortage stripped. Becuase you are under water by $80,000 what you owe on the house is more than what it is worth. A lein strip will convert your second mortage from a secured creditor to a non secure creditor. Non secured creditors basically get what they get from your monthly payment and your secured creditors get paid in full. Just some food for thought. Good luck.

[LadyInTheRed]

It sounds like $120k of the second is secured, so a lien strip is not an option. The entire 2nd would have to be underwater.

charmd, you need to let your lawyer know what's going on.

[charmd]

ok thanks- I'll give him a call on Monday to discuss options

[car67]

What happened?

[charmd]

I have not heard back from my attorney yet- left several messages.
I did make a payment this month and am worried something from the court will show up in my mailbox before I get the 2nd caught up.