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filed chapter 7 bankruptsy,reaffirmed 1st mortgage,the second mortgage was somehow discharged,

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shadow34 Joined: 07 Oct 2008 Posts: 1 1.27 Dollars($)	Posted: Tue Oct 07, 2008 11:11 am    Post subject: filed chapter 7 bankruptsy,reaffirmed 1st mortgage,the secon Like 0 Dislike 0 filed chapter 7 bankruptsy,reaffirmed 1st mortgage,the second mortgage was somehow discharged,...2nd mortgage told me they charged it off,wat happens next?
sweeney Community Expert Joined: 20 Jul 2008 Posts: 131 25.11 Dollars($)	Posted: Tue Oct 07, 2008 12:28 pm    Post subject: Like 0 Dislike 0 Hello- That second will still be a lien on the property. I'm surprised they charged it off and have not started foreclosure proceedings. That doesn't sound right. Or, have they? Do you know? _________________ Mike Sweeney LionSaves.com - refinance debt views expressed on this forum are my opinion as a mortgage professional, not legal advice
smithsussane Joined: 18 Sep 2008 Posts: 10030 Location: Alaska 919.49 Dollars($)	Posted: Sat Oct 11, 2008 12:24 am    Post subject: Like 0 Dislike 0 Hi shadow! Welcome to Forums! The second mortgage will be considered as a lien on the property. They may recover it from the sale of the property. Sussane

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