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Old 08-31-2000, 12:14 AM
armayer
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The company that holds my second mortgage has filed for Chapter 11. How does this affect my second? Does it get bought out by someone? Will this somehow make it magically disappear ( one can dream can't I )? I just got a Proof of Claim form, this is only if THEY owe ME right? Do I just do nothing and continue paying as usual? Thank you for any information.
Andrew
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Old 08-31-2000, 01:26 AM
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<BLOCKQUOTE><font size="1" face=" Arial, Verdana, Helvetica">quote:</font><HR>Originally posted by armayer:
The company that holds my second mortgage has filed for Chapter 11. How does this affect my second? Does it get bought out by someone? Will this somehow make it magically disappear ( one can dream can't I )? I just got a Proof of Claim form, this is only if THEY owe ME right? Do I just do nothing and continue paying as usual? Thank you for any information.
Andrew<HR></BLOCKQUOTE>

Contact the BK Trustee listed on the form. In most cases you continue to pay the money but the payee name may change.
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