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Foreclosure Forum |
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BK regulations...
Hey Ward... in our phone conversation you said maybe Eric knows about my BK question. I don't have his email address so I'll just ask here in hope of getting an answer. Two questions... Could the 55K 2nd, that has never been paid on, because it was a balloon that required just one full payment, be wiped out by the BK? Could the BK court have turned his house over to someone to sell or some such? Or... do all liens on a piece of real estate remain unaffected by a Chap 7 and can only be dealt with by the lenders foreclosing? Thanks in advance.
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