How to Remove, Eliminate or Strip a 2nd Mortgage Off a House - Part I
How to Remove, Eliminate or Strip a 2nd Mortgage Off a House - Part I: What is a 2nd Mortgage? A second mortgage or a second lien on real estate is a loan given either at the time of purchase or taken out later and secured by the real property. A second mortgage refers to a juni... more...

Considerations When Determining Whether To Keep An Upside-Down Property - Virginia
Many homeowners enterning bankruptcy are faced with the fact the the property values have dropped so significantly that not only do they not have equity in their property but the are "upside-down" on the property. "Upside-down" in equity in the property means the property is val... more...

Lien-Stripping a Second or Third Mortgage in Bankruptcy - Virginia
A short guide on removing a junior lien through the bankruptcy process. more...

Receive A Foreclosure Sale Date While Applying For A Loan Modification - What To Do? - Virginia
Very often I meet with clients who are in the process of negotiating a loan modification with their mortgage company when they receive notice that they are being foreclosed on or even have a foreclosure sale date. Here is what to do. more...

Can I Have A Bank Account When I File Bankruptcy?
Can I Have A Bank Account When I File Bankruptcy? - Attorney John G. Merna discusses the common question about whether banking is allowed as a person goes through bankruptcy (Chapter 7 Chapter 13). There are no prohibitions on having a bank account. The issue that arises is prot... more...