Legal Question in Bankruptcy in Florida
chapter 7 bankruptchy, question re: second mortgage
filed for chapter 7 bankruptcy, can a second mortgage obtained for debt consolidaton be discharged. The mortgage company stated that they can forclose on our home is we dont continue to make payments after the discharge. thank you.
Asked on 11/19/02, 5:23 pm
1 Answer from Attorneys
Alexander M. Rosenfeld
Rosenfeld & Stein, P.A.
Re: chapter 7 bankruptchy, question re: second mortgage
Without knowing more about your financial condition and the value of the realty and the existing balance on the first mortgage, it is not possible to give you a definitive answer. You should consult with competent counsel. Fromyour zip code, you are not near my office. If you wish a consultation here, call 305-940-8080 for an appointment, else see a qualified bankruptcy attorney in your locale.
Answered on 11/19/02, 7:43 pm
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