Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Can you file bankruptcy on second mortgage only? - The second mortgage comes complete with lien on the property. You cannot pick and choose your assets and liabilities when filing bankruptcy. It goes into the hands of the court and attorney to make your financial decisions. Bankruptcy protection is a law and the answers will come from the legal system not from any of us who don't have the facts of the case, state laws or anything else you are inquiring of us. Bankruptcy should be a last resort to escape financial duress and not looked at to get out of bad financial planning. -
