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Showing posts with label what happens to liens and mortgages in a bankruptcy case. Show all posts
Showing posts with label what happens to liens and mortgages in a bankruptcy case. Show all posts

Thursday, May 26, 2011

What Happens To a Lien or a Mortgage or a Security Interest in a Bankruptcy Case?



Liens, mortgages, and security interests (which are all essentially the same sorts of things) are tough little guys, and manage to hold onto things even when washed by the Discharge Order, unless they are acted upon by a different Court Order.

That's an important piece of bankruptcy information in Arizona, or anyplace else.