It’s widely known that real estate values have taken a beating in the last 5 years. Many junior liens, mortgages and deeds of trust are totally “underwater”, because the value of the home is worth less than the payoff of the first mortgage.

In this video, I explain about lien stripping in Chapter 13, a powerful tool to help a debtor strip off a junior mortgage or deed of trust when there’s no value to support that lien.