We filed for chapter 13 and are paying our first mortgage thru our plan for past due and are current on payments outside plan. What happens if you fall behind on second mortgage? Is there anyway they can forclose on the house since we are in a chapter 13 plan?
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If you fall behind and default on your 2nd mortgage, the 2nd mortgage company can go into bankruptcy court and file a motion to life the automatic stay on your house and proceed to foreclose. So yes they can go after your house. But there is always the option of taking the payments you are behind on your 2nd mortgage and put them in your Chapter 13 plan which would help you out.
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