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Mortgage 'stripping' becomes marketing tool for bankruptcy attorneys | Save Link |
foobar - 30-Oct-2008 @ 06:42 AM MDT []
"Homeowners upside down in their mortgages and facing foreclosure may have a new recourse. The relatively new practice of "lien stripping" is becoming a popular way to get out from under double mortgage payments and sometimes save homes. Not everyone, however, is praising the practice. The lien removal business has increased in recent months as property values continue to sink. At least a handful of local bankruptcy attorneys are performing lien stripping for clients. One is making it a focal point of her practice. "
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