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Blog Posts in December, 2013

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  • The Truth About Stripping a Second Mortgage Lien In Bankruptcy
    The Truth About Stripping a Second Mortgage Lien In Bankruptcy

    MORTGAGE “LIEN STRIPPING” IN CHAPTER 13 BANKRUPTCY For upside down homeowners (first mortgage loan exceeds value of your house) Lien stripping is permitted in chapter 13 bankruptcy cases to eliminate ...

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  • Can I Discharge IRS and State Tax Debt in Bankruptcy
    Can I Discharge IRS and State Tax Debt in Bankruptcy

    A common question I get is whether one can discharge IRS and State income tax debt in bankruptcy. Simply put, Debtors must meet ALL of the following criteria to discharge taxes in a CHAPTER 7 ...

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