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Second Mortgages
Resolve debts concerning junior lien stripping
Lien Stripping in Chaper 13 Bankruptcy
Although the Senate is dithering and bottling up the mortgage modification legislation approved in the House, it is still possible to remove a second or third lien from your primary residence using the Zimmer decision. For example, your house is worth $500,000 and the first mortgage is $550,000. There is a second and third... »