Legal Question in Bankruptcy in Texas

can i keep my home

i have a equity loan on my home,but i also have a first lean.i was told in order for the second lean to forclose they would have to purchase the first lean.if i file chapter 7 what would happen to the second lean for i am current on my first lean payments.


Asked on 1/09/03, 9:08 pm

1 Answer from Attorneys
Andrew Nichols Law Office of Andrew B. Nichols

Re: can i keep my home

I'm not exactly sure if your current on your second mortgage. If you file under chapter 7 in Texas, under most circumstances your house would be protected. However, you must make all your house payments (1st & 2nd) and or get current very soon. Please feel free to call me personally to discuss your particular situation. ph. (214) 979-7330 or (800) 303-0720

Read more
Answered on 1/09/03, 9:46 pm


Related Questions & Answers

More Bankruptcy Law questions and answers in Texas