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Home / Opinion Digests / Lien-Stripping Approved in Chapter 20 Cases (access required)

Lien-Stripping Approved in Chapter 20 Cases (access required)

In a “Chapter 20” bankruptcy case – a Chapter 13 bankruptcy filed within four years of a Chapter 7 discharge – there is no per se rule barring lien-stripping, and the 4th Circuit affirms an order stripping off liens secured by collateral with no value to support them in this suit involving debtors’ residences. The trustee ...

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