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Bankruptcy: What is Chapter 13 Lien Stripping? Maryland Bankruptcy Attorney

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Published on Jun 4, 2012

Thoughts from a Maryland Bankruptcy Attorney
http://www.drescherlaw.com

It's widely known that real estate values have taken a beating in the last 5 years. Many junior liens, mortgages and deeds of trust are totally "underwater", because the value of the home is worth less than the payoff of the first mortgage.

In this video, I explain about lien stripping in Chapter 13, a powerful tool to help a debtor strip off a junior mortgage or deed of trust when there's no value to support that lien.

Thoughts from a Maryland bankruptcy lawyer.

Ronald J. Drescher
Drescher & Associates, P.A
4 Reservoir Circle
Suite 107
Baltimore, MD 21208
(410) 484-9000
Fax (410) 484-8120
Rondrescher@Drescherlaw.com
http://www.Drescherlaw.com

FaceTime rondrescher@mac.com
Skype ron.drescher

Practicing in Maryland, Delaware, Virginia, Pennsylvania

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