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High court rules 2nd mortgages can’t be voided in bankruptcy

High court: Bankrupt homeowners can’t void second mortgage Mike Mika June 1, 2015 0 Comment Banking and Financial Services WASHINGTON (AP) – A unanimous Supreme Court ruled Monday that homeowners who declare bankruptcy can’t void a second mortgage even if the home isn’t worth what they owe on the primary mortgage.

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That often changes during tough economic times as more clients try to withdraw money and the requests can’t be covered. clientele," including high-ranking government officials, federal judges, and.

WASHINGTON – A unanimous Supreme Court ruled Monday that homeowners who declare bankruptcy can’t void a second mortgage even if the home isn’t worth what they owe on the primary mortgage.

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home mortgages, or even gambling debt – can’t be discharged in personal bankruptcy. The only way to get rid of the debt is to pay it off, or die. At the same time, the DOE’s debt collectors aren’t.

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Court districts in other parts of the country with high numbers of. preparers who flout the rules and overcharge for their services. “There are all these people that need the relief of the.

High court rules against law firm in bankruptcy fee fight.. bankruptcy supreme court. read More High court: Bankrupt homeowners can’t void second mortgage.

And at an event in a Portsmouth high school. to cover the mortgage, she says. The reason she was able to keep her job as a law professor in Houston is that her aunt offered to watch her kids. A.

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Federal Reserve Chairman Ben Bernanke told Congress Wednesday that troubled mortgage giants Fannie Mae and Freddie Mac are in "no danger of failing." The Fed chief made his remarks to the House.