Lien Stripping in a Chapter 13 Bankruptcy

As the economy and housing market has declined many Americans have found that their house is worth much less than they owe on it. This can be discouraging if you are struggling to make your mortgage payments or considering filing for bankruptcy. Fortunately, there is an old technique known as “lien stripping” or “mortgage stripping” […]

Chapter 11 versus Chapter 13 Bankruptcy

The financial crisis is taking a toll on many Americans. The unemployment rate is higher than it has been in years and many people are finding themselves upside down on their homes. Owing more on your home than it is currently worth is a very difficult situation, especially if you don’t have a job to […]

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