Stuart Gregory Steingraber's Guides

Stuart Gregory Steingraber
Corona Commercial Real Estate Attorney.
Contributor Level 7

Save your home using "lien stripping" and Chapter 13 to wipe out secured & unsecured debts!

Written by attorney Stuart Steingraber, almost 2 years ago.

Did you know that debtors owing more on their home than it is worth can remove the second mortgage lien on their home held by a creditor? For example, assume you own your home currently valued at $200,000. You have a first mortgage of $250,000 and a second mortgage of $100,000. Y...