Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Purchaser of foreclosure property responsible for 2nd mortgage forgiven in bankruptcy? - 2nd mortgage relieved in bankruptcy & home is now in foreclosure with 1st mortgage bank. If someone buys the property, will they have to pay the 2nd mortgage or is it gone because it was part of the bankruptcy? BTW, the property is in Michigan. -
