Lien Stripping in a Chapter 13 Bankruptcy
What is a Chapter 13 Bankruptcy?
What is lien stripping?
What are the requirements for stripping a lien?
How is stripping a lien beneficial for me?
What liens can you strip in a Chapter 13?
What happens to liens that are stripped?
Can I get rid of a second mortgage in a Chapter 7 bankruptcy?
No. Lien stripping is not usually available in a Chapter 7 bankruptcy. A better plan would be to file a Chapter 13 bankruptcy if you have an eligible junior lien you’d like to discharge.
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