Get Rid of Your Second Mortgage

A Chapter 13 Bankruptcy (also known as Repayment Plan) can remove a second mortgage from your home.  If the first mortgage is more than the value of your home, a Chapter 13 Repayment Plan will let you pay your second mortgage or home equity loans the same as your credit card debt.  After 3 or 5 years, your mortgage will be gone.  If your house is underwater and has a second mortgage a Chapter 13 Bankruptcy Repayment Plan is worth looking into. Contact us today at our Grand Rapids office.

Discharge Judgments in Bankruptcy.

Even if a creditor has judgments against you (from the Kent County Court, or any other Grand Rapids Court for example), you can still file a Chapter 7 Bankruptcy and get rid of the debt.  If you do not qualify for a Chapter 7 Bankruptcy, you could file a Chapter 13 Repayment Plan and pay back the judgment and all other creditors with one monthly payment.  When you file a Bankruptcy (Chapter 7 or Chapter 13), all collection activities are stopped by the Automatic Stay.