So for those following my posts, my 341 meeting was a breeze! the confirmation will take place next month. I am attempting to strip my second mortgage since my property is underwater. My case already has an appraisal attached to it that confirms my property is upside down.
I am still getting...
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Chapter 13 Lien Strip Question
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Jailhouse started a topic Successfully Avoiding a 2nd Trust Deed on a Rental or Investment Property.in Chapter 13Successfully Avoiding a 2nd Trust Deed on a Rental or Investment Property.
Has anyone read anything or heard anything about an attorney that is currently trying to strip a 2nd trust deed on a property other than the debtor's primary residence?
I read somewhere about an attorney attempting to do so, but have not been able to find it anywhere. I read on this forum that...
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Mortgage Lien Avoidance by Trustee?
Hi all,
My case was filed last week (with attorney), but I continue to learn new things about this process everyday. I've recently uncovered the phenomenon of "lien avoidance" in a Ch. 7 if a lien wasn't properly perfected. In the case of a mortgage, that means properly recorded...
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Lien Strip on a Second Home
Is it possible to do a lien strip on a second home? There is only one mortgage on the 2nd home that is out of state.
At what point in the CH.13 process, does the Trustee begin to go through the lien stripping?
What would qualify my second home as for a lien strip?...
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