QUESTION

When I sell do I still have to pay back the $100k note?

Asked on Aug 26th, 2013 on Bankruptcy - Arizona
More details to this question:
In July 2011 received my Discharge Order for Chapter 7 BK. Did not reaffirm $100k 2nd mortgage on AZ residence. Bank has “charged-off” the loan.
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1 ANSWER

Bankruptcy Attorney serving Phoenix, AZ at Law Office of D. L. Drain, P.A.
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Please understand that the second mortgage is still a lien on your home unless there is a Bankruptcy Court order otherwise.
Answered on Aug 27th, 2013 at 7:57 AM

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