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Removing Second Mortgages Though Lien Stripping
By Michael A. Goldstein


The most common issue for an individual nowadays is the situation where a homeowner who has a first and second mortgage on a primary residence is facing bankruptcy and wondering if they have the ability to save the family home. As real estate markets fall and the fair market values of the homes fall, homeowners are left with mortgages that far exceed the current fair market value of their homes. There is a process which could be of help to many in this situation and it is called lien stripping.

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Connie writes:

Subject: Money Matters Interview

This is a fantastic article! Even though I’m not from the state of Massachusetts, I learned so much from this article. It speaks to so many different subjects. I would normally have had to go to about 8 different websites to get all the info in your article. It has definitely pointed me in the right direction. Thanks so much for all the valuable info.

Comment provided September 10, 2009 at 7:06 pm

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