bankruptcy lein stripping

A Chapter 7 bankruptcy proceeding may not void a junior mortgage lien when the debt owed on a senior mortgage lien exceeds the current value of the collateral if the creditor’s claim is both secured by a lien and allowed under the bankruptcy code. This technique was disallowed by the Supreme Court ... » Learn More about 2nd Lein Stripping in Chapter 7 Bankruptcies Rejected by the Supreme Court