Buying a house is not easy. This big investment involves big risks too. Furthermore, there are times when big things are hidden from you because you would reject an offer if they were disclosed on you. Paying the down payment on a house is just the starting of a big […]
Mortgage
Debtors Can Strip Off Underwater Mortgages in Chapter 20 Cases
In a recent Fourth Circuit case, originating from our Maryland courts, the court held that a debtor can strip off a wholly unsecured lien in a chapter 20 case. Branigan v. Davis (In re Davis), 716 F.3d 331 (4th Cir. 2013). A “Chapter 20” case is not defined anywhere in […]