the 2nd mortgage is in chapter 13 but the first mortgage is behind too what to do to help a friend
Who Can Help When U Have 2 Mortgages and Your in Foreclosure?
Refinancing Loan
How to refinance loans
the 2nd mortgage is in chapter 13 but the first mortgage is behind too what to do to help a friend
tell her to contact the mortgage companies, they can often work a deal to reduce payments, consolidate, spare the foreclosure
or tell her to bail and get her financial ducks in a row living within her means
She needs to refinance or sell. This is a chosen situation, your “friend” should have plotted better.
call those “we buy Homes” signs that are nailed to trees and have some one buy the mortages out. If this is above appraised value, good luck.
Tell your friend to consult with foreclosure service agent. Usually they have expert network for foreclosure solution so I reckon they force have a excellent solution for your friend too.