Legal Question in Bankruptcy in California

If I have a second morgage on my house and wanted to file for BK Can I include the second in my items of BK to disolve and no longer be responsible for the debt?


Asked on 8/19/09, 4:42 pm

1 Answer from Attorneys
Carl Starrett Law Offices of Carl H. Starrett II

When someone's home is worth less than the balance owed on the first mortgage, it is possible to strip the second mortgage in a Chapter 13 bankruptcy. You should contact a local bankruptcy attorney for more information, preferably a member of the National Association of Consumer Bankruptcy Attorneys.

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Answered on 8/19/09, 4:50 pm


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