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2nd mortgage chap 7 reaffirmation

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mj Guest	Posted: Mon Nov 02, 2009 5:50 pm    Post subject: 2nd mortgage chap 7 reaffirmation Like 0 Dislike 0 I recently had full discharge on chapter 7. I reaffirmed my first mortgage but not my second. I am behind on the second but all others are paid and current. What can the second mortgage holder do? _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
Niicss Joined: 03 Oct 2005 Posts: 4770 Location: New Jersey 499.28 Dollars($)	Posted: Tue Nov 03, 2009 1:09 am    Post subject: Like 0 Dislike 0 The second lender still holds the lien on the property. He may try to foreclose the property but it will have to pay off the first mortgage as well. You may contact your second lender and check out if they would negotiate with you. _________________ Good is the Enemy of Great.

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