In this scenario, a mortgage bifurcation acts as a tool that enables the homeowner to manipulate her debt but only applies if the homeowner owes more on the mortgage than the property is worth. However, Chapter 13 bankruptcy law prohibits the inclusion of primary, or first, mortgages in a mortgage bifurcation. Chapter 13 only allows mortgage bifurcations with second or third mortgages on a homeowner's primary residence or with any mortgage on an investment property or second home.
Delphi (/ËdÉlfaÉª/) is a city in and the county seat of Carroll County, Indiana, United States. Located twenty minutes northeast of Lafayette, it is part of the Lafayette, Indiana Metropolitan Statistical Area. The population was 2,893 at the 2010 census.
Origins and location. The site of Delphi is located in upper central Greece, on multiple plateaux/terraces along the slope of Mount Parnassus, and includes the Sanctuary of Apollo, the site of the ancient Oracle. This semicircular spur is known as Phaedriades, and overlooks the Pleistos Valley.