It may work differently in other states, but here in Massachusetts people do not tend to reaffirm mortgages in Chapter 7 bankruptcy. First of all, reaffirmation only exists in Chapter 7. It does not exist in Chapter 13 or 11.…
Chapter 13, Foreclosure, Mortgages
Can a Second Mortgage Foreclose on my Home?
by •
In theory, the answer is, yes. A junior mortgage, such as a HELOC or other second or third mortgage, can foreclose in Massachusetts. There are additional procedures for the foreclosure of junior (second, third, etc.) mortgages that are different than…