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You Can Modify Or Lien Strip Your Wholly Unsecured Second Mortgage In Chapter 13 Under The Current Law

There is a powerful tool in Chapter 13 that is not widely reported. A second mortgage that is completely unsecured can be stripped in Chapter 13 and, in some cases, paid pennies on the dollar, while the homeowner keeps the home!

You Need 60 Days Of Paystubs Or Proof Of Income In Chapter 13

Here is a good post on the risks that Chapter 13 debtors run if they do not maintain good records and produce copies of their paystubs for the last 60 days: http://www.bankruptcylawnetwork.com/2008/12/23/do-i-really-need-to-file-60-days-of-pay-stubs-when-i-file-bankruptcy/

You Can Modify Or Lien Strip Your Wholly Unsecured Second Mortgage In Chapter 13 Under The Current Law

There is a powerful tool in Chapter 13 that is not widely reported. A second mortgage that is completely unsecured can be stripped in Chapter 13 and, in some cases, paid pennies on the dollar, while the homeowner keeps the home!

You Need 60 Days Of Paystubs Or Proof Of Income In Chapter 13

Here is a good post on the risks that Chapter 13 debtors run if they do not maintain good records and produce copies of their paystubs for the last 60 days: http://www.bankruptcylawnetwork.com/2008/12/23/do-i-really-need-to-file-60-days-of-pay-stubs-when-i-file-bankruptcy/