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Updated over 10 years ago on . Most recent reply

Shawn M.'s profile image
Shawn M.'s profile image
Shawn M.
  • Investor
  • from New Haven, CT
  • Member since Apr 29, 2012
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Shawn M.'s profile image
Shawn M.'s profile image
Shawn M.
  • Investor
  • from New Haven, CT
  • Member since Apr 29, 2012
Connect
Shawn M.
  • Investor
  • New Haven, CT
174
Votes |
285
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Tax, SDIRAs & Cost Segregation

Does chapter 13 wipe out mortgage dept?

Shawn M.
  • Investor
  • New Haven, CT
Posted
If a homeowner is in foreclosure and they file for bankruptcy will their mortgage debt get wiped out? What happens if I go but the house from them. Will they still owe the bank money and all back interest and fees. Any insights would be appreciated.
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