Can You Really Get Rid of a Second Mortgage Lien in a Chapter 13?


Yes, it is possible but only in a Chapter 13, under certain circumstances. First you have to qualify for a Chapter 13, which means you have some money to pay back to your creditors. If you are unemployed, underemployed, or not working, then chances are slim you would qualify for a Chapter 13 bankruptcy, and may have to file a Chapter 7 instead, which does not allow for a second mortgage lien strip. However, your liability on the mortgage may be discharged.

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