I am looking to lien strip my 2nd and 3rd. Is it likely that the 2nd and 3rd will challenge an appraisal if is just below what you owe on the first?
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No, it is not likely. Depending on where you are (what District), your attorney may be able to do this by stipulation or by negative noticing, meaning there's not even a hearing on the matter. I stripped my second without even a peep from their attorney!Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
Status: (Auto) Discharged and Closed! 5/10
Visit My BKForum Blog: justbroke's Blog
Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.
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