Posted on: 07th Jan, 2012 07:55 am
i had a first mtg for 200k, a 2nd for 50k... was behind and did a mod, they sold off my 2nd to realtime solutions, 50k put all my past due house notes, property taxes in the refinance.. now my first shows 250k.. i'm now current over a year now on my first.. but realtime said they are the 2nd.. this loan is 100% outside the value of my home, can i file bankruptcy on the 2nd? is the 2nd unsecured due to the fact it is over the property value? they use to mail and call a lot, but not much anymore. they even sent me a settlement offer of half, any info would help..thanks.
hi guest,
you can contact your bankruptcy attorney and discuss your chances of filing bankruptcy for the second mortgage. as far as i can understand, you will be able to file bankruptcy for the same. it will help you in getting a discharge from that debt.
thanks
you can contact your bankruptcy attorney and discuss your chances of filing bankruptcy for the second mortgage. as far as i can understand, you will be able to file bankruptcy for the same. it will help you in getting a discharge from that debt.
thanks
Hello desperate,
The debtor files a budget with the court, and agrees to make partial payment (less than 100%) of obligations owed to creditors over a three- to five-year period, normally within three years.
:idea:
The debtor files a budget with the court, and agrees to make partial payment (less than 100%) of obligations owed to creditors over a three- to five-year period, normally within three years.
:idea:
