December 11, 2018

Chapter 13 Bankruptcy for Second Mortgages

Homeowners who are in financial difficulty are well advised to consider a¬†Chapter 13¬†bankruptcy case as an option when they are current on their first mortgage but are not paying, in full and on time each month, their second mortgage (including a home equity loan or other debt secured by the property). I see situations where people whose incomes have been cut will forego paying the second … [Read more...]