2nd Mortgage Share

I can not pay my second mortgage, the lender, according to him, I have to pay more, but contiue to pay a mortgage? Nor can they force a foreclosure by the lender first. You can sell the house and lienholders get their money first, so nothing about it, and GE, when there is a balance that he needed to do after taking a decision, and garnish your wages and at least it sends a 1099, will be taxed. The second mortgage is that it is. A second mortgage. When you stop paying, they can also block the file. Try taking equity loan or refinancing their mortgages second. Mortgages have something truly interested in the house. If you default on second mortgages to throw in society, because the loan is secured by the property, you can. The only difference when the house is closed and sold the first mortgage is paid by others. In which case, you lose your home.