Legal Question in Bankruptcy in Ohio

Property

I am considering filing bankruptcy and need to know if I can include my 2nd mortgage (equity loan)in with this? Also is a secured loan something you can put in without losing the personal property attached to it?


Asked on 3/05/01, 9:06 am

1 Answer from Attorneys

Frank Rozanc Frank J. Rozanc, Esq.

Re: Property

All assets and debts must be included in the bankruptcy petition. As to the 2nd mortgage, probably the only way to keep the property is to reaffirm and pay the debt.

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Answered on 5/09/01, 12:53 pm


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