Search:

Type: Posts; User: Jewels10; Keyword(s):

Search: Search took 0.00 seconds.

  1. Federal Taxes: Tax Consequences, if Any, Based Upon Extinguishment of Second Mortgage

    Good morning.

    My 2nd mortgage (HELOC - $181k) was fully extinguished my Chase. Will or can I be held responsible for paying taxes on the amount that was extinguished?

    Thank you in advance.
    ...
  2. Chapter 7: Re: Should We Short Sale or Foreclosure After Filing Bankruptcy

    If the mortgages were discharged and not reaffirmed, payment history should not show on your credit reports. Nor should a foreclosure or short sale.
  3. Chapter 7: Responsibility for a Possible Deficiency Balance

    My question involves bankruptcy in the state of: Florida

    Last year I had my debts discharged in a chapter 7 bankruptcy filing. I decided to retain my home as I was working on a modification...
  4. Replies
    4
    Views
    3,547

    Chapter 7: Re: Including Second Mortgage in Chapter 7

    Let me elaborate as I should have done initially...I would want to keep the house (1st mortgage) while including the 2nd mortgage in the filing. Would including the 2nd mortagage mean that I would...
  5. Replies
    4
    Views
    3,547

    Chapter 7: Including Second Mortgage in Chapter 7

    Would I be able to include a 2nd mortagage in a Chapter 7 bankruptcy filing in the state of Florida? Market Value of home is approximately 250k with a 1st mortgage balance of 270k. 2nd mortgage...
  6. Chapter 7: Including Home in Chapter 7 Filing After Signing Reaffirmation with Lender

    Florida homeowner.

    Initially I decided not to include my home in my chapter 7 bankruptcy case and signed reaffirmation agreements with my lender who holds/services both my first and second...
  7. Foreclosure: Foreclosure Due to Non-Payment of Second Mortgage

    My question involves a foreclosure in the State of: Florida

    Here's my situation: 1st mortgage balance of $270k and 2nd $180k. Home is currently valued at $270k. If I default on the 2nd mortgage...
Results 1 to 7 of 7