Legal Question in Bankruptcy in California
chapter 7
can your 2nd and 3rd mortgage be dismissed in a chapter 7 or chapter 13/
Asked on 7/20/09, 12:54 am
1 Answer from Attorneys
Re: chapter 7
In a Chapter 13 you can "strip off" the second and third loans on your house, as long as you owe more on your first loan than the house is worth. You can not strip in a Ch. 7.
Answered on 7/20/09, 2:09 pm
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