You state that a Chapter 13 can strip off a 2nd mortgage if it equals or exceeds the value of the proberty. This is clearly not the case. I owe the 1st lender approx. $90K which would be abour $20K less that the market value of the property
Can I file a Chapter 13 in Florida only five years afer filing a Chapter 7?
I neglected to mention in my first correspondence thath the property has a market value of 110K to 115K with a 90K 1st mortgage.
Yes. A person may file a chapter 13 at any time after receiving the discharge of the chapter 7 for purposes of invoking the automatic stay and setting up a payment plan.
This does not change my answer
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