- Divorce
- Child SupportYour Priority Debt typically includes your taxes if they are less than 3 years old, and some kinds of spousal and child support payments you owe.
- Spousal Support
- DUI/DWI
- BankruptcyOne of the advantages available to you in Chapter 13 bankruptcy is what is known as lien stripping. Say that the value of your home is $100,000.00 and you have a first mortgage for $200,000.00 and a second mortgage for $50,000.00. Such a home is commonly described as being underwater because the value of your home is less than the amount of your first mortgage. If you are in this situation, it may be possible for our offices to allow your bankruptcy to include a lien stripping. This would erase your second mortgage completely and you would no longer owe any money on the second!
- ForeclosureBankruptcy can stop a foreclosure on your home, eliminate your second mortgage, reduce tax levies, eliminate your debt, avoid repossessions, end threatening phone calls, and much more. Bankruptcy represents a new start for people whose financial burdens cannot be remedied on their own.