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Question (Category: Legal)
In 2006, 2nd mortgage was re-affirmed in Bankruptcy court, but first was not re-affirmed, first then claimed it was a home lean and not a mortgage later so it was no longer required to report to credit agency, continued making payments and then later refinanced this loan in 2008, but the other loan was not re-financed as the new mortgage lender decided not to.In this situation has the 2nd mortgage legally been placed in the 1st mortgage position and the old not re-affirmed mortgage and refinanced been placed as the 2nd mortgage position even if the amount is more than the other ? Optional Information:State/Country of Question: Minnesota



Answer by Steve G. (Purchased 3 times and rated )

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