What is a lien-strip? | Tampa Debt Relief Lawyers Arkovich Law

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What is a lien-strip?

When we talk about a lien strip what we mean is removing a junior lien from your homestead. Generally, that is done in a Chapter 13 bankruptcy. If the value of your home is less than the amount that you owe on your first mortgage, you may be able to strip off or remove the second mortgage lien from your homestead.

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