The Window of Opportunity to Strip 2nd Mortgages May Be Closing for Some by Dennis H. Babiniec, P.C.

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The real estate market in the Denver area appears to be recovering.  As property values increase it may close the window of opportunity for those who wish to strip their second mortgage from their residence.  In order to be eligible, it requires the filing and successful completion of a Chapter 13 bankruptcy case and the value of the home must be less than the balance of the 1st mortgage.  If you are considering options to eliminate the 2nd mortgage (or 3rd,etc.) on your home, it is important that you consider the present value of your residence.

I would like to help you get through the bankruptcy process smoothly.  Call Dennis H. Babiniec Today at 303-451-9110.
BBB accredited, A+ rated.

Dennis H. Babiniec
Attorney at law
10701 Melody Dr., Ste. 350
Northglenn, CO 80234 posted: November 13, 2012 - Dennis Babiniec - Bankruptcy Lawyer - Blog
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