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Terry L.
Terry L., Attorney
Category: Bankruptcy Law
Satisfied Customers: 2648
Experience:  Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.
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can my mortgage company (2nd td HELOC) twice the value of the

Customer Question

can my mortgage company (2nd td HELOC) twice the value of the can my mortgage company (2nd td HELOC) twice the value of the property be included in the payment plan. (if they agree)
Submitted: 5 years ago.
Category: Bankruptcy Law
Expert:  cfortunato replied 5 years ago.

Hi JACustomer,

1) What is the current market value of your property?

2) What is the balance on the first mortgage?

Customer: replied 5 years ago.
Market Value $80,000, balance 1st 137,000; balance on the 2nd 85,000
Expert:  cfortunato replied 5 years ago.
I think this question was already answered. Please let me know if you need an additional information.
Customer: replied 5 years ago.
correct
Expert:  cfortunato replied 5 years ago.
Okay.