2nd Mortgage Flow

Instead of getting something if you go bankrupt, it would be a second mortgage agreed to let a few thousand dollars in a short sale? We hope to sell for $ 120.00, but real estate taxes $ 113 200 less than it would have left, and the first mortgage company oluld receives $ 107,000, leaving only about $ 6,000 the second left, but U.S. $ 42 000. You may have some influence. second mortgagee (lender) is unlikely to stop because it would take the first mortgage. All you can do is to ask, but if the error is not likely to talk to you. realtor.sailor Maybe, but I doubt it. Bring on the chin here anyway. Bankruptcy will not help (or reduce its stake to $ 0), will only be $ 0 if the property seized and auctioned for less than $ 107,000. Unless you have more than 60 days late on your mortgage, no talk about a short sale. Good luck!