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 7 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.