Recent Posts in Lien Stripping Category
Posted on Nov 19, 2011 By Robert Kovacs
Contested Lien Strip Victory – Second Mortgage Eliminated Many people are unaware that in bankruptcy you may complete eliminate second mortgages and equity lines of credit on their home or ...
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Posted on Aug 31, 2011 By Robert Kovacs
Eighth Circuit BAP Allows Strip Off of Wholly Unsecured Lien in Chapter 20 The Eighth Circuit BAP found that a chapter 13 debtor may strip off a wholly unsecured lien on his principal residence even ...
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Posted on May 30, 2011 By
Rental Property - Mortgage Cram Down - Reduce your principle balance on your mortgage loan In a chapter 11 or 13 bankruptcy you may be able to reduce the outstanding principle balance on your mortgage ...
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Posted on May 16, 2011 By
Top Five Bankruptcy Provisions Many of my Worcester and Farmington bankruptcy clients report that filing bankruptcy was the best choice they ever made. The Bankruptcy Code provides powerful relief for ...
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Posted on May 31, 2010 By Robert Kovacs
Bankruptcy can save your home from foreclosure! The moment a bankruptcy case is filed with the bankruptcy court the automatic stay comes into effect. The automatic stay prevents creditors from taking ...
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Posted on Jan 24, 2010 By Robert Kovacs
If you file bankruptcy you will keep your home; unless you want to surrender it to the bank. In order to keep your home you will need to at a minimum be able to make the current monthly payment on the ...
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Posted on Jan 15, 2010 By Robert Kovacs
Filing bankruptcy will automatically stay any foreclosure proceeding. So long as your bankruptcy case is filed prior to the actual foreclosure sale. If your intention is to permanently save your home ...
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Posted on Jan 10, 2010 By Robert Kovacs
The goal for most individuals in bankruptcy is to receive a discharge of their debts. A discharge is a release of your legal obligation to repay your debt. With limited exception the discharge will ...
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Posted on Jan 1, 2010 By Robert Kovacs
Despite a recent stabilization in home prices, CNN Money is reporting that home values will continue to decline in 2010 (http://money.cnn.com/2009/12/31/real_estate/home_price_drop/index.htm) . If the ...
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Posted on Dec 31, 2009 By Robert Kovacs
In an article from the Worcester Telegram and Gazette ( http://www.telegram.com/article/20091230/NEWS/912309982/1002 ) it is reported that foreclosure petitions in Massachusetts remain high. The good ...
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