Arizona Chapter 13 Guidance From an Experienced Lawyer
Eliminating Second Mortgages for Clients Underwater on Their homes
Overwhelming debt related to mortgage or home equity loans can be frustrating and frightening to address. When facing large debt relating to your home ownership, it can be helpful to consult an experienced lawyer for advice on your options for finding relief from your worries.
At the Law Office of Chris Dutkiewicz, P.C., our Gilbert lien stripping attorney leverages a detailed knowledge of bankruptcy issues advice to clients throughout the East Valley area. In an effort to help you reduce your debt and put you back on the path to a strong financial future, we provide detailed advice on the lien stripping process during Chapter 13 bankruptcy, and the various factors needed to pursue the option.
What Is Lien Stripping?
Lien stripping commonly refers to the removal of a second mortgage on a home that is worth less than the initial mortgage balance. Only existing inside the confines of the Chapter 13 bankruptcy process, lien stripping can be an effective strategy for helping you create a manageable payment arrangement without unnecessary expenses.
Through this special bankruptcy process, you may be able to eliminate your second mortgage, and continue to make payments only on your initial mortgage balance. The plan offers you the chance to make more affordable payments on your home, and offers you the breathing room you need to ensure that you maintain possession of your property.
Comprehensive Support During the Lien Stripping Process
In an effort to help you create the most effective Chapter 13 payment plan possible, and to put you in the best position to maintain your repayment schedule, we offer detailed guidance throughout the lien stripping process.
After carefully examining your specific situation, we offer advice on your eligibility for the process and provide assistance in the completion of all paperwork, filings and negotiations with your lender.
By undergoing the lien stripping process, you may offer your family the chance to recover from your troubling financial situation and put yourselves back on the path toward a strong financial future.
Contact our office online or call 480-359-1323 or toll-free 888-365-6214 to discuss the lien stripping process and learn if it is right for your unique situation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
