In this article, we illustrate how to get rid of a second mortgage or HELOC in Chapter 13 bankruptcy in Illinois using a process called “lien stripping.” We also answer the following questions: What is a lien on a home?, What is lien stripping?, How does lien stripping work in Chapter 13 bankruptcy in Illinois?, Does lien stripping make my second mortgage go away immediately?, and Is lien stripping an option with any other type of bankruptcy?
