Oregon Chapter 13 bankruptcy and lien stripping
Oregon Chapter 13 bankruptcy and lien stripping
Article provided by Hackett & Harris LLC
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Oregon residents who are going through bankruptcy may be able to strip liens from second mortgages and car loans to make the payments more manageable. However, lien stripping is only available to individuals or families that are going through a Chapter 13 bankruptcy.
What is chapter 13 bankruptcy?
In a chapter 13 bankruptcy debts are repaid on a three to five year payment plan schedule. The payment plan amount is ...