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Bankruptcy

: The Debt Podcast

Can You Get Rid Of A Mortgage: An Update

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A Massachusetts Chapter 13 debtor has been able to remove (”cancel” or “rescind”) a second or refinancing mortgage, without having to pay the full principal balance, if there was a serious defect in the closing papers.  See Cancel That Mortgage:  Why Bankruptcy and Remove That Mortgage !! A recent intermediary appellate decision just changed that ruling.  [...]

Full post as published by The Debt Podcast on May 31, 2009 (boomark / email).

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