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If a second mortgage is stripped...

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    If a second mortgage is stripped...

    Do they still have the right to pay off the first and take possession?

    #2
    No. If a mortgage is stripped there is no longer a valid lien.
    Chapter 13 Filed (Pro Se) - 9/30/09
    Confirmation Date - 12/1/09
    Stats - $1752/month, 29/36 completed, 4% to Unsecured, Lien Stripped 2nd Mortgage

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