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lien strip mortgage x
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  • bn7
    started a topic Chapter 13 Lien Strip Question

    Chapter 13 Lien Strip Question

    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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  • Successfully 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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  • daedalus
    started a topic Mortgage Lien Avoidance by Trustee?

    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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  • simon2020
    started a topic Lien Strip on a Second Home

    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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