High court rules 2nd mortgages can’t be voided in bankruptcy

(a) Appeal From a Judgment, Order, or Decree of a District court exercising original Jurisdiction in a Bankruptcy Case. An appeal to a court of appeals from a final judgment, order, or decree of a district court exercising jurisdiction under 28 U.S.C. §1334 is taken as any other civil appeal under these rules.

High Court: Underwater Homeowners Can’t Void Second Mortgage in bankruptcy. practice gained prominence after real-estate bubble burst. updated june 1, 2015 3:24 p.m. In a win for banks, the U.S.’s top court Monday ruled that underwater homeowners can’t get rid of a second mortgage by filing for bankruptcy protection.

WASHINGTON (AP) – A unanimous Supreme Court ruled Monday that homeowners who declare bankruptcy can’t void a second mortgage even if the home isn’t worth what they owe on the primary mortgage. The justices ruled in two Florida cases that bankrupt homeowners can’t "strip off" a second loan even if they are underwater on the first loan.

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WASHINGTON (AP) – A unanimous Supreme Court ruled Monday that homeowners who declare bankruptcy can’t void a second mortgage even if the home isn’t worth what they owe on the primary mortgage. The justices ruled in two Florida cases that bankrupt homeowners can’t "strip off&q.

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Yes it is possible to qualify for a mortgage despite a Chapter 13 bankruptcy filing. In a Chapter 13 filing the debtor agrees to a court structured debt repayment schedule.

The debate peaked in Virginia in the late 1980s, with high-profile cases drawing outrage. going to find its relief in a criminal court. . . . The criminal justice system cannot fill the void. You.

You can’t be sued after Chapter 7 for your second mortgage, but you still owe if you want to own your home outright.. After bankruptcy, do I owe on 2nd mortgage? justin harelik @westgate_law .

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If you ignore the lawsuit, the court will enter an automatic judgment against you, known as a default judgment. Of course, even if you file an answer to the lawsuit, you can still lose the case. Of course, even if you file an answer to the lawsuit, you can still lose the case.

WASHINGTON (AP) – The Supreme Court said Monday it will decide whether homeowners who declare bankruptcy can void a second mortgage if the home’s market value has dropped below the amount they owe on the first mortgage. The justices will consider two appeals from Bank of America, which asserts.