Plain and simple – it is dangerous to practice law without actual knowledge of what you’re doing. Not so much dangerous from the standpoint of ”unlicensed practice of law” but instead that a typical homeowner is not prepared to go into court and face a hostile (and possibly knowledgeable) attorney working for the bank plus deal the [...]
Lien stripping in action, let’s just get rid of the unsecured part, shall we?
March 5, 2010 By 1 Comment
David Leibowitz posted a short blurb on stripping liens from a property. Bottom line is that the “underwater portion” of a mortgage may be fair game as it is unsecured. This is a huge benefit for investor or the average homeowner who also has a rental property or two. Too bad it is not readily [...]
