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Mortgage Issue!


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My wife's uncle filed a Chapter 7, and his 341 meeting is next week. His first mortgage company I believe is filing an objection, or are creating problems...

He's walking away from the house....the bank is probably ticked!

My guess is with the depressed mortgage market.

I honestly don't see how they can achieve anything! He's entitled to the Chapter 7 and should be able to walk away, correct?

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