Stripping a Second Mortgage – Orlando Lawyer Paul L Urich

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Free Consultation Stripping a Second Mortgage. To learn more about restructuring your debt through Chapter 13 bankruptcy, or eliminating your debt through Chapter 7, talk to one of our experienced debt relief attorneys at the Law Office of Paul L. Urich. We practice exclusively in the area of consumer bankruptcy law and have helped hundreds.

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Stanford Kurland was the second-most senior executive at Countrywide, the mortgage lender, until 2006 when he left. Engelson’s close friend Ray Smith, who says ‘L’Chaim!’ – a Hebrew term meaning.

The good news for some families is that there are ways to go about stripping a second mortgage. It is no secret that taking on a second mortgage and borrowing against the equity in a home was something the banks encouraged just a few short years ago. While a good idea at the time, the crash of the economy meant that equity melted away.