Posted on: 27th Jan, 2010 11:03 am
i have a foreclosure and i had a first and a second mortgage the first loan got paid off when the house sold but the second is still owing. i know i have to pay it but is this something i can take care of with chapter 7 or chapter 13? i don't have any other outstanding debts just the foreclosure situation.
Chapter 7 should take care of the second mortgage I believe.