Cherry Hill Home Mortgage Lawyer with More Than 25 Years of Experience

One of the first options that people consider when they find themselves falling behind on their mortgage and facing the threat of home foreclosure is mortgage modification. Unfortunately, mortgage modification is only successful in very rare situations. However, that does not mean there are no options. You may be able to strip your second mortgage or third mortgage.

I am attorney Joel R. Spivack. With more than 30 years of experience on my side, I know all of the options available for people who have become overwhelmed by mortgage debt. I will take the time to review those options with you and guide you toward the one that makes the most sense for your unique situation. Call 856-488-1200 to speak with an experienced Cherry Hill home mortgage lawyer.

Stripping a Second Mortgage in New Jersey

Stripping a second mortgage is actually a better option than loan modification for most people. Although getting a reduced interest rate or stretching out the duration of a mortgage can be helpful, completely eliminating a second mortgage tends to be a much better option.

When Can a Second Mortgage Be Stripped?

You may be eligible for this option if the value of your house is less than the amount of your first mortgage. For example, if your mortgage is $350,000 but your house is only worth $300,000, you may be able to strip your second mortgage and third mortgage so you can focus on paying your first. Mortgage stripping is only an option when done as part of a Chapter 13 bankruptcy.

Schedule a Free Initial Consultation with a Cherry Hill Stripping a Mortgage Lawyer

My office is open weekdays from 8 a.m. to 5 p.m. and offers free parking. Call me today at 856-488-1200 for a free initial consultation with a Cherry Hill home mortgage attorney. You can also contact me by e-mail.

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

Our Client Reviews on Google

Results may vary depending on your particular facts and legal circumstances.

Destiny Waller

2022-03-06

Very grateful that we hired Joel for our home purchase! He was extremely professional and made the process smooth sailing. He always responded to our questions same-day and was happy to explain the process to us several times (which we definitely needed.) We weren’t sure we needed an attorney for purchasing a home, but we saved money and stress during the negotiation process, so certainly worth it. Thank you for your help Joel!

Caius Santos

2022-02-14

If you’re considering filing bankruptcy I highly recommend you use Joel Spivack. He is knowledgeable, courteous and professional. He guided me through the process and went through smoothly without any surprises.

Joe Delia

2022-02-02

Joel has had our back on more than one occasion. He's professional and personable. I called him on a Friday after hours and he called right back. Talk about peace of mind. I didn't have to sit on a problem over the weekend. He's helped us sort out some pretty sizable problems for a very reasonable fee. Hiring him was one of the best decisions we ever made.

B Lal khan

2022-01-25

I found Mr Spivack to be an extremely intelligent and compassionate attorney who helped us through a very difficult financial time. He handled our bankruptcy efficiently and made us very comfortable with our choice to file. I also felt that his fees were EXTREMELY reasonable compared to most bankruptcy attorneys. He even offered us follow up advice after the bankruptcy, if I were to need any. I would highly recommend Mr Spivack if searching for an attorney.

B Noshn

2022-01-25

Highly Recommend, Mr Spivak helped me with a very difficult situation that I was in. From the very first meeting with him, he explained everything to me clearly. He was always available to me and always return my calls or texts promptly. He always sent me any information that he received from the courts with an explanation.

Sandra Waite

2022-01-24

Joel Spivack helped us with our recent bankruptcy and I can't say enough great things about him. He was professional, responsive to our many questions and did not make us feel bad about having to file bankruptcy. He knows everything there is to know about the laws surrounding bankruptcy and guided us through the entire process. If you want someone who knows the law and will help you every step of the way, Mr. Spivack is the person to call.

Greg Clementi

2022-01-24

Helped me every step of the way, let me know all my options

Brian Speigel

2021-11-24

Dear sir , i had a good experience with you getting it done right and helping me with the process

joseph hoffman

2021-11-13

Mr. Spivak was experienced, knowledgeable, and understanding in representing us in a closing resulting in a successful transaction. I highly recommend him.

Damiana Padilla

2021-10-16

Joel has been a life saver. He has gone above and beyond our expectations. We made the mistake of not hiring a lawyer during attorney review and once we started having issues we hired Mr. Spivack. After speaking to him we knew he would help us through the rest of the real estate transaction. Joel did not disappoint he went above and beyond and gave us piece of mind. Thank you Joel for your professionalism and proficiency, we look forward to a continuous relationship.

See my ratings and reviews on AVVO and Lawyers.com.

Joel R. Spivack

NJ & PA Consumer Bankruptcy & Real Estate Transacations Attorney

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Cherry Hill Home Mortgage Lawyer with More Than 25 Years of Experience

Stripping a Second Mortgage in New Jersey

When Can a Second Mortgage Be Stripped?

Schedule a Free Initial Consultation with a Cherry Hill Stripping a Mortgage Lawyer

Our Client Reviews on Google

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