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Eliminating Second Mortgages in Chapter 7 Bankruptcy Cases

The United States Supreme Court ruled unanimously on Monday, June 1 that you can no longer eliminate a second mortgage debt in a Chapter 7 bankruptcy case with a motion to value the property that is being mortgaged. This decision changes what has been previously been bankruptcy law in the Florida. Now, Florida [...]

2018-08-23T16:58:26+00:00 June 10th, 2015|Categories: Chapter 7 Bankruptcy Cases|Comments Off on Eliminating Second Mortgages in Chapter 7 Bankruptcy Cases