i have a balloon payment on my 2nd mortgage that is due in 2018, would this affect a repayment plan in a ch. 13?
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Ch.13 & Balloon Payment
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I'm sure it will, but I'm just not sure "how"...... Your Chapter 13 has to be paid off in 3-5 years. And I'm sure your 2nd mortgage is in this amount also.
Your attorney should be able to answer that for you.
MinnyMinny
"It's amazing the paths that our feet sometimes follow in life".
My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.
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