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Go Back   Law Forums at Onlypunjab.com > BANKRUPTCY AND CONSUMER CREDIT > Business Bankruptcy
Reload this Page CH 11 and mortgage discharging?

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Old 08-17-2006, 04:22 AM
Bein Bein is offline
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Default CH 11 and mortgage discharging?
hello all,
One of my friend owe 10M on first mortgage and 5M on a second mortgage. Can he file chapter 11 and discharge the second? If he file, can the lenders exclude him from ownership and take control of the bankruptcy?
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Old 08-17-2006, 04:24 AM
Sierra Sierra is offline
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Join Date: Apr 2006
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you need to personally contact and consult with an attorney of your state.
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