How to Financially Survive The Summer!

by John G. Merna Anyone with a child can tell you that summers bring expenses and financial pressures. There are the childcare costs if you are working, camp costs to keep your children engaged, vacation pressures and costs, etc. Most of you are already are experts at...

Three Things You Can Do This Year To Be Richer

by John G. Merna, Esq. As we end the first month of 2016, a person should take a moment for introspection. Everyone should take time to reflect on how to improve your life by living better and being happier.  I don’t have any suggestions on how to make you...

Strip A Second Mortgage In Bankruptcy – Part 3

How to Remove, Eliminate or Strip a 2nd Mortgage Off a House (Conclusion). by John G. Merna, Esq.   Options One- Settling the debt As explained in Part II  of this guide, once a second mortgage is in default or behind on payments the lender has few options to...

Remove A Second Mortgage In Bankruptcy – Part 2

Remove, Eliminate or Strip a 2nd Mortgage by John G. Merna, Esq. Conditions Required To Remove A Second Mortgage   Not all second mortgages will be eligible for removal.  To be in a position to eliminate or remove a second mortgage the home owner will need two...

Eliminate A Second Mortgage In Bankruptcy – Part 1

How to Remove, Eliminate or Strip a 2nd Mortgage Off a House by John G. Merna, Esq.   What is a 2nd Mortgage? And when can it be eliminated? A second mortgage, sometimes called a second lien, on real estate is a loan given either at the time of purchase or taken...