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Using Bankruptcy to “Strip” Liens on Investment Property

A black and white photograph of a bankrupt brick building.

One of the great tools bankruptcy provides is the ability to avoid undersecured and wholly unsecured liens (often referred to as “stripping down” a lien or “stripping off” a lien).  If you owned investment properties that are currently underwater, what if I told you there might be a way to reduce the outstanding mortgages on […]

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