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careymahoney1974 (November 30, 1999 at 12:00 am)
@tacoma203 second mortgage goes as unsecured debt, so its like a credit card debt.You might want to look into BK 7, especially if you have lots of credit card debt. You will have to qualify for a 7, which impacts credit for 10 years (income test determines if you qualify). If you make too much, then you can do a 13 (repay you debt over time 3-5 years), effects credit for 7 years. Know you rights! Don't get screwed. File if you have to. Its your right!
careymahoney1974 (November 30, 1999 at 12:00 am)
@912jumper Bingo!You are absolutely correct. If you are going to have the banks on your back for a large amount of money because of a foreclosure, then you are dumb to NOT file for a 7.If you want to keep the home, a 13 will get rid of the second mortgage (if you are underwater), and keep you from foreclosure.7 years is not a long time. These 2 are such losers. LOL. Fake, corporate shills. but, i'd bang the both of them easy.
ghostlaw1980 (November 30, 1999 at 12:00 am)
R we only capable of passing greed laws at this point. I want a mortgage that is adjustable. Adjustable to fair market value. My grandfather took out a loan 50 years ago to start a business. They gave him ten years to repay it. He repaid it in one year. The next year he bought a house free and clear. To all the BMW driving pinto owners, your getting what you bought. Insecurity. I want what I pay for.
tacoma203 (November 30, 1999 at 12:00 am)
what happens to the 2nd mortgage once i foreclose? anyone know?
farmboycarl (November 30, 1999 at 12:00 am)
Great, let's tax the victims of bank fraud! For the Obama administration to continue ignoring this crisis is a national disgrace. I can hardly wait to undo my vote for him in the next election.
MiCasaMiDinero (November 30, 1999 at 12:00 am)
912jumper,Yeahh....ok. Smart choice!
912jumper (November 30, 1999 at 12:00 am)
@MiCasaMiDinero It doesn't matter what you think. I am going to fuck this house up and walk away and file bankruptcy so they cannot collect. They wont get shit from me hahahahah
MiCasaMiDinero (November 30, 1999 at 12:00 am)
912jumper,Knowing several people who have filed for bk does not make your first comment true. I suggest you google bk law or even use wikipedia so you can understand it better and you will see how inaccurate your comment is.
912jumper (November 30, 1999 at 12:00 am)
@MiCasaMiDinero I know several people who have done it. So I am accurate. Walk away and let them have it. Then file bankruptcy. Fuck the banks.
MiCasaMiDinero (November 30, 1999 at 12:00 am)
Do you know how the bankruptcy law works in the US with regards to mortgages? Your comment is far from accurate |
