In re R.L.S. and M.D.S.
Oct 04, 2011OUTCOME: Chapter 13 plan confirmed, lien successfully avoided and second mortgage was converted from a secured to an unsecured debt, to be paid off at 23% along with other unsecured debts.
Debtors sought to avoid a lien on their underwater second mortgage and pay a portion of their unsecured debts through Chapter 13 bankruptcy.
