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Mortgages in Bankruptcy: How Secured Debt is Handled in a Bankruptcy

Signing closing documents with house keychain

Mortgages in bankruptcy can be discharged, but the lien remains absent specific circumstances When considering bankruptcy, many people ask to leave their mortgage out of the bankruptcy. This is not possible; you must include all your debts. However, a mortgage is treated differently than your credit cards or personal loans, it is secured against property. […]