Get Relief From The Stress Of Multiple Mortgages

With the downturn in the housing market, many people have seen the value of their homes plummet. In many cases, people owe more on their first mortgage than the total value of their homes. Even more disconcerting is the fact that many people who are upside down on their mortgages have also incurred significant debt in the form of a second mortgage (second home loan or equity loan).

One little known fact about Chapter 13 bankruptcy is that it can provide relief from a second home mortgage. In certain circumstances, people may strip a second home mortgage with a Chapter 13 bankruptcy:

  • With a Chapter 13 bankruptcy, you may strip a second home mortgage lien if the value of your home is less than what you owe on your first mortgage.
  • You thus transform your second home mortgage debt from a secured debt to an unsecured debt. All or part of this debt can potentially be discharged in your Chapter 13 bankruptcy.

To learn more, contact Evans Law Offices in San Jose, California. We are committed to providing quality legal representation and superior service to each of our valued clients.

Experienced Bankruptcy Lawyers, On Your Team

We devote our practice to bankruptcy law and debt relief matters to ensure that our clients receive the sound advice and knowledgeable representation they require. Our attorneys have helped thousands of clients who were struggling with difficult debt problems.

Our attorneys handle Chapter 7, Chapter 13, Chapter 11 and Chapter 20 bankruptcy. We also assist clients in locating respected professionals who can assist with loan modifications.

We Offer Free Consultations: Get Our Help At No Risk

We serve clients throughout Northern California. To schedule a free consultation with a San Jose bankruptcy lawyer at our firm, call 408-298-8910 or contact us by email. Evening and weekend appointments are available upon request.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.