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I've located a property that is in foreclosure on the first mortgage.
There was a second mortgage that was included in a bankruptcy last
year. My question is, if I buy this house for the default amount, will
I be responsible for the second mortgage, or is that now discharged, or
somehow no longer a factor?
What is a reliable resource for getting questions like this answered,
other than a lawyer?
Thanks.
Dennis
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2nd mortgage and bankruptcy
