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Bankruptcy

: The Debt Podcast

Chapter 13 can save an investment property ? Lien stripping in action

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Today, a Wisconsin client asked what we could do to help save his investment property. It’s worth only about $70,000. It has a first mortgage for $80,000 and a second mortgage for $30,000. Our client bought the property at the top of the market. He can afford the first mortgage, but not the second. And [...]

Full post as published by The Debt Podcast on February 26, 2010 (boomark / email).

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