Lien Stripping in a Chapter 13 Bankruptcy: Eliminating 2nd and 3rd Mortgages
Lien stripping is the process of eliminating junior mortgages (2nd or 3rd mortgage, home equity lines, etc.) from your real estate as part of the
April 30, 2013
Lien stripping is the process of eliminating junior mortgages (2nd or 3rd mortgage, home equity lines, etc.) from your real estate as part of the
Filing for bankruptcy brings mixed emotions for most people. On the one hand, you probably feel relieved that your financial stresses have been relieved or
Generally, you file a Chapter 7 bankruptcy to obtain a discharge, or cancellation of your responsibility to pay your “dischargeable” debts. However, there are times
The decision to file for bankruptcy is not one that most people take lightly. However, it may be the right decision if you are in
Dividing assets is a necessary part of the divorce process, since the decree will not be finalized until both parties can come to an agreement
Going through a foreclosure can be a frightening process and you probably have a lot of questions. How soon will you have to move out
One of the toughest aspects of divorce is meeting the needs of your children during and after the divorce. Parents who are divorcing will probably
Filing for bankruptcy can offer much needed relief to those whose debt has become unmanageable. Those who qualify for bankruptcy will emerge from the process
Filing for bankruptcy can be the first step towards reestablishing financial security, but it is not a decision that should be taken lightly. Filing for
Bankruptcy is meant to alleviate or eliminate debt for those whose finances are unmanageable. There is a common misconception that bankruptcy will eliminate all debt,