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9/15/05, 12:41 pm

Legal Question

Forecloser on a second mortgage

I am up to date on my first mortgage, I'm behind on the second mortgage. The finance company is threating to foreclose on the second mortgage. Can they do this? It was opened as a revolving credit account.

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Re: Forecloser on a second mortgage The second mortgage can foreclose. The first mortgage would not be extinguished. If ...

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Answered By:

Mark Johns

Re: Forecloser on a second mortgage Yes, since the 2nd mortgage was liened against the property they can foreclose on yo...

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Answered By:

Marc V. Taiani

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