New Port Richey
727-849-3328
5422 Trouble Creek Rd
5422 Trouble Creek Rd
If you have a home equity loan or second mortgage, but real estate values have dropped so the property only provides enough value to secure a first mortgage, you may be able to strip the second loan from your property and discharge it in bankruptcy. This process is known as lien stripping and is a legitimate tool for getting your finances under control. You want an experienced attorney to help you through the process to ensure that it is handled correctly.
Our firm handles all matters related to stripping a second mortgage or home equity loan from your real property by filing for Chapter 13 bankruptcy. We will gather information on the fair market value of your property so we can demonstrate to the bankruptcy court that the property’s value is less than the first mortgage and that the home equity loan or second mortgage is no longer secured by the property.
For a complimentary initial consultation, reach out to us via e-mail at Ziona@debtrelieftampabay.com or call our New Port Richey office at 727-849-DEBT (3328) . Schedule a private session today.
As a specialized agency in debt relief and probate, we assist individuals in filing for bankruptcy under the Bankruptcy Code and provide probate and estate planning guidance.
