Using a Blind Item to Protect Your Home From Liability

A couple with multiple steady income streams purchased a new home and took out a traditional mortgage for about 70 % of the purchase price. They recently took out a second mortgage with a private lender at a high interest rate to up their debt on the house close to a hundred%. Why would they do this? There have been numerous lawsuits related to some business dealings recently. Should they lose a major lawsuit, there would be no way to force the sale of the house because there is no equity there. And that would just result in the bankruptcy liquidation, essential just paying off their mortgages. This is similar to the way teresa was able to keep her house. Also, gretchen rosse