Alabama  |  Real Estate Law

question bubble
9/11/03, 5:49 pm

Legal Question

Question About A Secured Second Mortgage

I am selling my house tomorrow. I am taking a personal second mortgage seperate and apart from the transaction that will occur at the attorneys office. Everyone keeps telling me to assure that the second mortgage is SECURED so in the event that she files bankrupsy, I will still eventually get my money. I know that I have to file this second mortgage at the court house. What does ''secured'' mean in this context and how do I assure that my second mortgage is ''secured''? Thank you.


Search Past Answers:
  Advanced Search

Related Questions and Answers

► Deeds My wife and I were recently married. She and I are both previously divorced....

► Vendor Lien Deed We sold real property three years ago which we financed and gave a...

► Legal protection on assuming real estate mortgage with special circumstances I'll...

► Is my firetruck a commercial vehicle? I received a citation for parking my antique...

► Am I entitled to return of my legal papers from attorney? I had POA to sell my son's...

► Divorcing and Jointly Renting My husband and I have been living apart for the past 5...

► Wrongful Foreclosure or Criminal Conspiracy March 12, 2001, w/out any prior...

More Real Estate and Real Property questions and answers in Alabama
Bill of Sale Living Will
Contracts Notices
Divorce Power of Attorney
Show More
Search

View Complete List ▼

Top Areas of Law

Administrative Law Family Law
Bankruptcy Law Family Medical Leave...
Child Custody Health Care Law
Collections Law Immigration Law
Criminal Law Insurance Law
Discrimination Law Labor Law
Divorce Law Landlord/Tenants
Drunk Driving Law Legal Ethics
Employment Law Legal Malpractice
Medical Malpractice Personal Injury Law
Probate Law Real Estate Law
Sexual Harassment Tech Law
Traffic Law Wills Law
Workers' Compensation