How To Get Rid of a Second Mortgage or HELOC in Chapter 13 Bankruptcy In Illinois | Learn About Law

In this video, we illustrate how to get rid of a second mortgage or #HELOC in Chapter 13 bankruptcy in Illinois using a process called “lien stripping.” We also answer the following questions: What is a lien on a home?, What is lien stripping?, How does lien stripping work in #Chapter13 #bankruptcy in Illinois?, Does lien stripping make my second mortgage go away immediately?, and Is lien stripping an option with any other type of bankruptcy?

Read more in the article at: https://www.oflaherty-law.com/learn-about-law/how-to-get-rid-of-a-second-mortgage-or-heloc-in-chapter-13-bankruptcy-in-illinois

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O’Flaherty Law has convenient offices located in Davenport Iowa serving Iowa and the Quad cities and in Downers Grove, Elmhurst, Naperville, Tinley Park, St. Charles, and Lake in the Hills, Illinois, serving DuPage County, Will County, Cook County, Lake County and McHenry County. Its attorneys focus on providing quality legal work, above-and-beyond customer service, and affordable rates in the following practice areas: divorce & family law; estate Planning, wills & trusts; probate & estate administration; litigation, civil law & dispute resolution; business representation & corporate law; guardianship, elder law & special needs law; residential & commercial real estate law; immigration; bankruptcy; and DUI law and traffic & criminal defense.

O’Flaherty Law is proud to offer a free initial consultation in most areas of law. The free consultation will provide general answers on what we can do for you regarding a legal matter, specifics on what services we provide, and brief explanations on what your options for legal service may be. A free consultation does not include free legal advice or answers to specific legal questions relating to your matter. Free consultations last no longer than 30 minutes, but a full 30 minute consultation may not always be required.

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