If you fall behind on your mortgage payments, and the lender has accelerated the loan and begun foreclosure proceedings, a Chapter 13 bankruptcy is often the only realistic way to save your home from foreclosure. Unless you can come up…
Category: Foreclosure
Can a Second Mortgage Foreclose on my Home?
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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…