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what is a lien strip?
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95kindebt
Senior Member
Bankruptcy Newbie
Joined:
Jun 2009
Posts:
192
State:
Oregon
#1
what is a lien strip?
06-18-2009, 07:35 AM
We have a 98k HELOC, what is a lein strip and how does it work? We are negative equity in our home. Want to keep our home through BK
Thanks.
HHM
Senior Member
Bankruptcy Wizard
Joined:
Dec 2004
Posts:
14347
State:
Private
#2
06-18-2009, 07:36 AM
Read this
Chapter 13 Mortgage Lien Strips. - Bankruptcy Forum Chapter 7 13 341 Meeting Credit Collections
http://www.bkforum.com/showthread.php?t=31579
Everything related to Chapter 13
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