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second mortgage

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Icon Mini Profile vicjoshmom





Joined: 27 Mar 2010

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Post Posted: Sat Mar 27, 2010 4:09 pm    Post subject: second mortgage
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we live in maryland, and our second mortgage was included in our chapter 7 we did not reaffirm the loan. We are 8 months behind, will the mortgage company and court system notify us before judgment or garnishment?
Icon Mini Profile marcusbradychl





Joined: 03 Mar 2010

Posts: 6

1.99 Dollars($)
Post Posted: Mon Mar 29, 2010 1:01 am    Post subject: Mortgage
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The second mortgage refers to the secured loans that is subordinate of another loans of the same property. The second mortgage involve a greater risk to the lender and borrower's.
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Icon Mini Profile Niicss
Niicss




Joined: 03 Oct 2005

Posts: 4770
Location: New Jersey
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Post Posted: Mon Mar 29, 2010 3:48 am    Post subject:
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Your query has been replied to in the given page:
http://www.mortgagefit.com/second/wages-garnished.html#157223

Take a look at it. I hope it will be helpful for you.
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