Chapter 20 bankruptcy

Lien Stripping Permissible for Chapter 20 bankruptcy if you are a resident of Fourth Circuit

Call: 888-297-6203 If a debtor is filing for bankruptcy under chapter 20 in Fourth Circuit, he/she can be eliminated to pay second mortgages and other junior liens under certain circumstances. As per the above statement, if you are a resident of Fourth Circuit – Maryland, Virginia, North/South Carolina, and you have filed for chapter 13 bankruptcy immediately after filing for Chapter 7 bankruptcy, your second mortgage, junior liens, and HELOCs can be waived off. Confused? Let us get into the detail..!! What do you mean by Lien Stripping? Under Chapter 13 of bankruptcy, you can eliminate/waive off any [...]