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Bankruptcy: What is Chapter 13 Lien Stripping? Maryland Bankruptcy Attorney

Posted by attorney Ronald Drescher

Thoughts from a Maryland Bankruptcy Attorney 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 FaceTime Skype ron.drescher Practicing in Maryland, Delaware, Virginia, Pennsylvania

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