Posted on: 18th Jul, 2010 12:52 pm
I have 2 homes in Las vegas, NV, both underwater! One I live in, which I am living in , and the other My son was living in! I filed for chap 7 a year ago, my son moved out of house #2 over 2 months ago I am behind 2 months mortgage on the # 2 home, can't afford payment mortgage way high, and underwater also. Does the bank just start to foreclosure? does it get included on my chap 7?
Welcome lopez,
If you wish, then you can modify your bankruptcy filing and include the mortgage on the second house in it. Once you include the mortgage and the second property in your bankruptcy filing, the lender won't be able to start a foreclosure on that property.
If you wish, then you can modify your bankruptcy filing and include the mortgage on the second house in it. Once you include the mortgage and the second property in your bankruptcy filing, the lender won't be able to start a foreclosure on that property.