2nd Mortgage Zone

Other mortgage debt in bankruptcy and is now home to foreclosure the first mortgage bank. If someone buys the land, it will provide second mortgages to pay, or removed, as it was part of the bankruptcy? BTW, the property in Michigan. Acquisition of property is never to buy debt. they only buy the property. Debt must be treated before the sale. Bankruptcy can sometimes dry out a loan or second mortgage to look at bankruptcy discharge papers to be sure. Happiness is to be transferred to the possession of real property, to be adopted no liens or debts on the property, otherwise the transmission is not. This is the main reason for the title search and insurance, the elimination of these problems by closing help. A title search is all liens shown on the property. Insurance will cover the buyer if something is missing title.