On the other hand, the 2nd Home loan or Heloc would however have a lien to the house. You'll then should settle the lien or in certain fashion manage it later.
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I a short while ago completed a modification on my 1st, and my 2nd was dismissed with the lender. I did get a 1099 to the dismissed sum over the 2nd.
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If you can’t make the home loan payment or you are able to’t make the additional chapter 13 strategy payment in opposition to the arrears, then a chapter 7 may also quit the foreclosure but only for some time.
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