Lien stripping in bankruptcy | The Law Offices of George Castrataro, P.A.
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Most Chapter 13 filers pay only a portion of their unsecured debt through their plan. For more details on lien stripping, see How to Strip a Second Mortgage or HELOC in Chapter 13. modifying mortgages: Cram Downs. In some instances, you can modify a mortgage in Chapter 13 bankruptcy so that the new principal equals the actual value of your home.
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Self Service Center Home . Please note that these forms are not to be used to promote or engage in the unauthorized practice of law. The court does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information contained in the forms or instructions, nor for any actions taken in.