Bankruptcy/Debtor-Creditor Series: Lien Stripping in Chapter 13 Cases
January 14, 2013
Discussion of lien stripping of wholly unsecured mortgages in Chapter 13 cases, including a new proposed Local Rule, recent case law, proposed plan language and additional procedures related to lien stripping. In addition, the panel discussed issues involving the county recorders’ offices, e.g., recording the lien strip, requirements to effectuate removal of the lien from the real estate records, and more.
Presenters: Wayne D. Anderson, Examiner of Titles, Ramsey County
Margaret H. Culp, Office of the Chapter 13 Trustee, Minneapolis
Bradley J. Halberstadt, Stewart, Zlimen & Jungers Ltd.
Timothy C. Theisen, Timothy C. Theisen, P.A.
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