Los Angeles Bankruptcy Attorney Helps Home Owner to Get Rid of a Second Mortgage
Now homeowners can get rid of their second mortgage lien by filing a Chapter 13 bankruptcy. With the collapse of the real estate market in 2008, the effects are still lingering and many homeowners owe more on their mortgages than what the home is worth. This mortgage deficiency often leads to foreclosures and short sales, and the homeowners may end up being liable for paying the deficiency. Some homeowners can get rid of their second mortgage lien by filing a...
View full press release