2nd Mortgage with Ditech - 1 year post bankruptcy

I should start off by saying that post is only half of what I had but in a nutshell, we have had a really bad two years and of course fell behind. We ended up declairing bankruptcy and are still in our home. In an attempt to try and get things under control last year we got a second mortgage with Ditech at 11 % They told us we could lower it in six months. That was an outright lie. In any case, we should have actually declaired bankruptcy right then and there instead of dragging out the inevitable. What I ment by not paying the second mortgage was simply until I get another job. Can they force the first mortgage to forclose even though the house isnt even worth the price to the first mortgage (its worth about 70k in this market but we owe 109 ..second mortgage approximately 30k which has not even come down a bit in the past year)
anyway, thought I should add that on. Thank you again

I'm not sure if I can answer this but I'll try.

The reason second mortgage rates are so much higher than first mortgages is because they come at a higher risk. Meaning, if you default, the first mortgage gets paid first and most of the time there is not enough left to cover the second. I have never heard of a second mortgage filing foreclosure. It wouldn't be a smart thing for them to do so. Chances are, they still wont get paid.

I hate to advise anyone to not pay their mortgage but the worst thing your looking at is a bunch of letters and phone calls until you start paying.

I hope that helps.