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Strip-off second mortgage in bankruptcy.

Saturday , 5, October 2013 Comments Off on Strip-off second mortgage in bankruptcy.

Bankruptcy Lawyer in Middletown NJ. Strip-Off that second mortgage in a Chapter 13 A Cram-down, commonly referred to as a “strip-off,” is when a debtor strips off and avoids the secured status of the second mortgage because there is insufficient value in the property to secure any part of it. This is a great way […]

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