Thoughts from a Maryland Bankruptcy Attorney
http://www.drescherlaw.com
It's widely known that real estate values have taken a beating in the last 5 years. Many junior liens, mortgages and deeds of trust are totally "underwater", because the value of the home is worth less than the payoff of the first mortgage.
In this video, I explain about lien stripping in Chapter 13, a powerful tool to help a debtor strip off a junior mortgage or deed of trust when there's no value to support that lien.
Thoughts from a Maryland bankruptcy lawyer.
Ronald J. Drescher
Drescher & Associates, P.A
4 Reservoir Circle
Suite 107
Baltimore, MD 21208
(410) 484-9000
Fax (410) 484-8120
Rondrescher@Drescherlaw.com
http://www.Drescherlaw.com
FaceTime rondrescher@mac.com
Skype ron.drescher
Practicing in Maryland, Delaware, Virginia, Pennsylvania
Home > Research Legal Advice > Bankruptcy > Bankruptcy: What is Chapter 13 Lien Stripping? Maryland Bankruptcy Attorney
