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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Consequences of defaulting on 2nd Mortgage Posted by JK (the other JK) on December 17, 2009 at 8:20 PM In Reply to: Re: Consequences of defaulting on 2nd Mortgage posted by Ann on December 17, 2009 at 7:40 PM : : That's one strategy. Another strategy would be to lien strip the 2nd via Chapter 13 BK. : Yeah, except we want the option that will steer clear of anything dealing with BK. You've already noted that strategy A would require a hit to the credit. Why the fear of BK? Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : : That's one strategy. Another strategy would be to lien strip the 2nd via Chapter 13 BK. : : Yeah, except we want the option that will steer clear of anything dealing with BK. : You've already noted that strategy A would require a hit to the credit. Why the fear of BK? [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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