lien stripping

Using Chapter 13 to Come Current With Mortgage Payments

August 11, 2012 by Scott Hyder

Unlike a Chapter 7, a Chapter 13 provides the mechanism for a debtor to come current with overdue mortgage payments. But beware! If you lack regular monthly income and you refuse to curb your expenses, a competent Arizona bankruptcy lawyer will advise that Chapter 13 may end up being a waste of time and money.

Modifying mortgages and lien stripping in bankruptcy

August 12, 2012March 28, 2011 by Scott Hyder

Some people mistakenly believe that filing bankruptcy will force a mortgage lender to agree to a home modification. Not true. However, an experienced Arizona bankruptcy lawyer and real estate lawyer will advise you that you may be able to get rid of junior liens if the value of your home is worth less than what you owe on your first mortgage.

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2019-06-27T17:13:13-07:00

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