Garcia & Gonzales, P.C.
Denver Lien Stripping Lawyers
Serving the Community Since 1977
One of the benefits of filing for Chapter 13 bankruptcy is lien stripping, available when you have second or third mortgages on your home. The Denver Chapter 13 bankruptcy attorneys of Garcia & Gonzales, P.C., will carefully explain what this process entails and how it can benefit you. Contact us today.
Denver Chapter 13 Bankruptcy Attorneys
In most cases, the most important benefit to filing for Chapter 13 bankruptcy is that it presents an opportunity to keep your home. Part of that opportunity is the option to strip a second or third mortgage when the amount owed on these mortgages exceeds the value of your home. Lien stripping effectively causes a second or third mortgage to disappear.
Lien stripping is not available on a first mortgage, which is a non-dischargeable debt, and is only available in Chapter 13 bankruptcy. However, Chapter 13 offers the opportunity for loan modification or to cure arrears so that you can catch up with the payments on your home.
It is very important to use an established bankruptcy lawyer with years of experience and knowledge. We have this necessary experience, as well as good rapport with Denver's Chapter 13 bankruptcy trustees. This allows us to carefully explain the bankruptcy and lien stripping process, anticipate questions and proactively address concerns, making the entire process go more smoothly. Our satisfied clients speak for us.
Colorado Second Mortgage Lawyers
Our lien stripping lawyers have a breadth of knowledge gleaned from varied backgrounds, including experience as real estate brokers and the evaluation of financial statements, that allows us to provide a unique perspective to our clients.
Please contact our Denver Chapter 13 bankruptcy lawyers right away to speak personally with us, not paralegals, about your situation. We charge a small initial consultation fee for consumer bankruptcy consultations so that we are able to provide the necessary information you need to make a decision on how to proceed. Hablamos español.
