I'd look closer at the value of the home...get an appraisal ASAP. Understand that you can't have your cake and eat it too; if you have too much...

Do i get protection on my second lien if it is being foreclosed by the same bank which foreclosed my first lien?

No. The Homeowner Bill of Rights only applies to first position liens. You need a plan B...and you need an experienced attorney to execute it.

If my 1st and 2nd mortgage are from same bank, do I receive protection only from 2nd mortgage?

Civ Code 2923.6 (c) "If a borrower submits a complete application for a first lien loan modification offered by, or through, the borrower’s...

Why do I need to file the Order to reopen my chapter 7 case if I just filed motion to Vacate dismissal and reinstate?

Your question is akin to: how do I practice bankruptcy law? Each question you ask will lead to another as you will likely continue to stumble...

If you are two months behind in your mortgage payments and a modification is in progress, are they supposed to accept payments?

No, but your interpretation of thee Homeowner Bill of Rights (HOBR) is inaccurate. During the mod review or trial period, the lender cannot file an...

Yes...for the reasons cited in the previous response to your other question. Pay the HOA lien or try to get it subordinated or don't expect you...

If there are lien on property, does it affect FHA HAMP?

In my experience...YES. I've seen servicers processing FHA HAMP loan mods demand that all liens be cleared or subordinated. Its often a...

1099-C after you settle to pay off a discharged loan to gave lien released

Because you already discharged the debt in your BK7, if you recognize the 1099 income properly in your tax returns, you can escape all tax...

Should I file the 1098 I received on my 2013 taxes for a property foreclosed on in 2011?

Perhaps the second mortgage company foreclosed leaving the first in place. Perhaps the new owners have been paying on the first mortgage to keep...

How you respond to a notice of default to a servicer the don't have a valid document to proof the debt?

If you received a Notice of Default, the "non-judicial foreclosure process" has commenced. You should respond by paying the arrears, filing...