Does chapter 7 Bankruptcy remove my 2nd mortgage?
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if you include it yesOriginally posted by turtle59 View Post -
Thank you!Comment
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NO IT DOES NOT
If by removal you mean that you can keep your house and NOT pay the second mortgage, then the answer is NO. If you want to keep your house, you must continue to pay ALL mortgages on your house.Comment
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Bummer, I was hoping I could lower my paymentsComment
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BK does not remove the lein. Just your obligation to the debt.Filed Ch7 3/6/08 [X]
341 hearing 4/10/08 [X]
Last day for Objections 6/9/08 [X]
Discharge AND Closed 6/23/08 [X]
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