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Lien Stripping in Chapter 13 Bankruptcy

Lien Stripping in Chapter 13 Bankruptcy Chapter 13 provides the very powerful tool of “lien stripping”, or removing second mortgages and home equity lines from a home. Chapter 13 bankruptcy allows such second mortgage loans to be stripped from a debtor’s principal residence if that second lien is found by the Court to have become […]

Reaffirmation Agreements and Bankruptcy

REAFFIRMATION AGREEMENTS IN BANKRUPTCY If you have debt which you want to retain in your case you may be required to sign a reaffirmation agreement in order to prevent the collateral from being taken after your discharge. The most common questions we see here in our practice in Georgia is: What is a reaffirmation agreement? […]

Suing Another Party While in a Chapter 13 Bankruptcy Case

Bankruptcy is one area of the law that can reach far and wide and can impact numerous other areas of law.  It is not uncommon for a bankruptcy client to also have another lawsuit ongoing in which they are the plaintiff.  While clients are allowed to proceed against other parties while in a case, they […]

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