Debtor?s failure to pay wrap around mortgage note results in debt being non-dischargeable

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Front Page News Discuss Debtor?s failure to pay wrap around mortgage note results in debt being non-dischargeable in the InfiniteCredit Community Central forums; The Bankruptcy Court in the Eastern District of Texas, Sherman Division, recently found that a Debtor who sold his home through a wrap around note and who did not pay ...

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11-30-2007, 07:21 PM	#1
Repair Bad Credit Elite Member Join Date: Aug 2006 Posts: 1,861 Casino Cash: $300000	Debtor?s failure to pay wrap around mortgage note results in debt being non-dischargeable The Bankruptcy Court in the Eastern District of Texas, Sherman Division, recently found that a Debtor who sold his home through a wrap around note and who did not pay the mortgage company the money the debtor was receiving from the buyer could not discharge the debt owed to the buyer.If you liked that post, [...] More...

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