HI Folks,
I'll try to keep it short. Going in to foreclosure for my primary residence in California. When Bought the TW few years ago 80/20, 1st one 300 K and 2nd 58K was HELOC adjustable the rate was going up so I has ro refi the 2nd only no cash out or anything. Both loans with CW. my question is do I need to file a bankruptcy so that I can wipe out the 2nd mortgage. Now the TW is worth 200K. please is there any hope for me? thank you all
I'll try to keep it short. Going in to foreclosure for my primary residence in California. When Bought the TW few years ago 80/20, 1st one 300 K and 2nd 58K was HELOC adjustable the rate was going up so I has ro refi the 2nd only no cash out or anything. Both loans with CW. my question is do I need to file a bankruptcy so that I can wipe out the 2nd mortgage. Now the TW is worth 200K. please is there any hope for me? thank you all