In re Doe
Feb 12, 2013OUTCOME: Wholly unsecured second lien on home stripped off.
Second mortgage held to be entirely unsecured and stripped off in chapter 13 case.
Chicago, IL
Chapter 13 bankruptcy Lawyer at Chicago, IL
Practice Areas: Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Bankruptcy & Debt
OUTCOME: Wholly unsecured second lien on home stripped off.
Second mortgage held to be entirely unsecured and stripped off in chapter 13 case.
OUTCOME: Discharge received. Case closed.
Successfully argued that payment client made from checking account that cleared just before bankruptcy petition was filed was not property of the estate.
OUTCOME: Second mortgage held to be entirely unsecured and stripped off. The second mortgage was paid along with other general unsecured creditors 5% of its allowed claim. Stripping off client's 2nd mortgage allowed her to keep her home and saved her over $60,000.
Chapter 13 client with a residence secured by two mortgages. The value of client's home was less than the value of her first mortgage. I filed an adversary complaint on behalf of client to determine t ... he value and extent lien held by the second mortgage company.
OUTCOME: Second mortgage held to be entirely unsecured and stripped off. Client saved thousands of dollars in interest.
Chapter 13 client has a residence secured by two mortgages. The value of client's home was less than the value of her first mortgage. I filed an adversary complaint on behalf of client to determine the ... value and extent lien held by the second mortgage company.