Experienced Atlanta Lien Stripping Attorney
Lien stripping is a powerful tool available in Chapter 13 bankruptcy. If you have more than one mortgage, and the value of your home is less than the amount owed on your first mortgage alone, then you may be able to “strip down” your second mortgage. This means it is possible to eliminate your second mortgage or equity line of credit and never have to pay it back. You do not even need to be behind on your mortgages to qualify for this amazing opportunity. You may need another independent reason to file, such as unsecured debt.
To find out if you are eligible to strip off your second mortgage, schedule a free initial consultation. From our offices in Atlanta, Cobb County (Galleria), and Lawrenceville, we help people throughout all of Northern Georgia.
Is Lien Stripping Right for You?
In order to get a second mortgage stripped from your property successfully, you must file a Chapter 13 bankruptcy petition. Stripping off the second mortgage may help make the property more affordable for you. We can assess your situation and let you know if removing your lien is an option for you.
In the event that lien stripping is not possible, we will help you explore other options for debt relief. Chapter 13 may be beneficial for you if you are struggling with your debt.
Explaining Lien Stripping Requirements in an Easy-to-Understand Manner
At King and King Law, LLC, we are knowledgeable about the requirements necessary for lien stripping in Georgia. We can analyze your situation and let you know whether you qualify and what steps are necessary for you to proceed.
Call us for a Free Initial Lien Stripping Consultation
Your first step is to contact an attorney who can help you explore your options and determine if you are eligible for the lien removal process. Call us at 404-524-6400 for a free initial consultation.