Q: Is a judgment from a secured 2nd mortgage still considered secured credit, or will it be paid if I receive inheritance
Chapter 7 inheritance
A: This question is a Little confusing, a judgment from a secured second mortgage is a secured creditor. Any inheritance will be distributed to your creditors in a Chapter 7 if there is no exemption .....
A: I do not understand your questions. Are in you bankruptcy now, before, or planning? What is the inheritance and why would it be dedicated to the mortgage? Inheritances are a big issue in bankruptcy, and the trustee will take the easy money, so timing is key.
A: Talk to an attorney it is free in most cases. Get your questions answered so that you know for sure what your next step should be.
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