Tuesday, August 24, 2010

If you file a chapter 13 bankruptcy and get rid of a second mortgage can they still collect from you?

after you pay you monthly payment to the courts for 3 years or does it go away?If you file a chapter 13 bankruptcy and get rid of a second mortgage can they still collect from you?
On the chapter 13 you are making payments to second mortgage. What the chapter 13 does is allow you to reduce payments. Upon successful completion of chapter 13, your normal payments will resume. Talk to your bankruptcy attorney.

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