Bankruptcy Can Remove Liens Against Your Home

June 25, 2008 by · Leave a Comment

Under certain circumstances, in California, junior liens (deeds of trust) can be removed from your home in a Chapter 13 bankruptcy case. This is known as “lien-stripping.”    The way it works is: If the fair market value of your home is less than the amount owed on your first mortgage, you can lien strip (remove) [...]

Filed Under: chapter 13, Los Angeles BK Issues · Tagged: , , , ,