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Lien stripping 2nd mortgage rental NOT Principal residence
I wouldn't use it without crossing out or otherwise editing the principal
residence language and even adding a footnote explaining that the property
is not a principal residence or the Court may take it as a judicial
admission that it's a principal residence. I speak from personal knowledge.
WE DO NOT ACCEPT SERVICE BY EMAIL UNLESS WE HAVE AGREED TO ACCEPT IT IN
WRITING.
Giovanni Orantes, Esq.*
Orantes Law Firm, P.C.
3435 Wilshire Blvd. Suite 2920
Los Angeles, CA 90010
Tel: (213) 389-4362
Fax: (877) 789-5776
e-mail: go@gobklaw.com
website: www.gobklaw.com
**Certified Bankruptcy Specialist, State Bar of California, Board of Legal
Specialization*
*Board Certified - Business Bankruptcy Law - American Board of Certification
*Board Certified - Consumer Bankruptcy Law - American Board of Certification
Commercial Litigation
Estate Planning
Outside General Counsel
WE ARE A "DEBT RELIEF AGENCY" AS DEFINED BY FEDERAL LAW.
I wouldn't use it without crossing out or otherwise editing the principal residence language and even adding a footnote explaining that the property is not a principal residence or the Court may take it as a judicial admission that it's a principal residence. I speak from personal knowledge.--
The post was migrated from Yahoo.
I have to strip a 2nd mortgage off an investment rental in a Chapter 13.
It's before Julia Brand. She uses the Local Form, but the form says in the title it's for a Principal Residence.
There's no requirement in 506 that it be a Principal Residence. It seems like the form name should be irrelevant.
Do you think I can get away with using this form on the rental?
Law Offices of Steven B. Lever
Steven B. Lever
* Tel. (562) 436-5456 ext. 1
* Fax (562) 485-6886
* sblever@leverlaw.com
www.leverlaw.com
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I have to strip a 2nd mortgage off an investment rental in a Chapter 13.
It’s before Julia Brand. She uses the Local Form, but the form says in the title it’s for a Principal Residence.
There’s no requirement in 506 that it be a Principal Residence. It seems like the form name should be irrelevant.
Do you think I can get away with using this form on the rental?
Law Offices of Steven B. Lever
Steven B. Lever
(
Tel. (562) 436-5456 ext. 1
(
Fax (562) 485-6886
*
sblever@leverlaw.com
www.leverlaw.com
******************************************************
This Internet e-mail contains confidential information
which is intended only for the addressee and which may
be privileged under applicable law. Do not read, copy
or disseminate it if you are not the addressee. If you
have received this message in error, please notify the
sender immediately and delete it. Thank you.
******************************************************
The post was migrated from Yahoo.