• 6957 E Fowler Ave, Tampa, FL 33617
  • (813) 606-4446
  • info@cohenanddepaul.com

Second Lien Stripping

Bankruptcy Law Second Lien Stripping

Tampa Lien Stripping Attorneys


In many areas of the United States, home values have declined significantly in recent years. Florida in particular is home to a great many upside down mortgages or homes with underwater mortgages. If this is your situation, and you are facing additional debts from credit cards or other sources, an experienced bankruptcy attorney could provide the answer to your financial troubles.

At Cohen & DePaul, our bankruptcy attorney is also a CPA. We believe this is an added benefit to our clients who are seeking debt relief through bankruptcy. We have helped thousands of clients file for bankruptcy, and if your mortgage is upside down, we would like the opportunity to help you too.

If you owe more on your home than it is worth, contact a Tampa lien stripping lawyer at Cohen & DePaul, or call 813-606-4446 for a free initial consultation.


At our law firm we take great care to explain your options to you so that you fully understand the decisions you are being required to make. The process known as lien stripping or second mortgage stripping is not widely known, but in Florida it has become more common due to our housing values. It works like this:

  • Your home is worth $175,000
  • Your mortgage is $200,000
  • You have a second mortgage of $25,000
  • During a chapter 13 bankruptcy, the $25,000 second mortgage could be stripped away because there is no property or home equity to secure it or back it up.
  • When you file for bankruptcy, the second mortgage could be removed completely and forever.

Our law firm may be required to obtain a current appraisal, but in general, this process works fairly smoothly if you are in the hands of an experienced bankruptcy attorney.

When Experience Matters — Contact Cohen & DePaul

We provide you with the personal attention and care you deserve and always make sure you understand your rights and options. Cohen & DePaul offers free consultations in Tampa. To speak with an attorney with mortgage stripping experience, please call 813-606-4446, or contact our law office to schedule a free initial consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.