Los Angeles Bankruptcy Attorneys
Experience True Debt Relief by Calling Us Today 
Second & Third Mortgages Working to Help Clients Thrive

We are a debt relief agency. We help business and individuals file for bankruptcy relief under the Bankruptcy Code.

Removing Second & Third Mortgages in Los Angeles

Mortgage Debt & Home Equity Loans

A mortgage is a secured debt; the home is collateral for the amount you owe. Second mortgages, home equity loans or home equity lines of credit (HELOC) are also secured by your home. However, if your home is only worth enough money to secure the first mortgage, any additional mortgages are considered unsecured and can be stripped from your property in bankruptcy.

Learn more about your options for resolving your second or third mortgage debts by contacting our experience team at Weintraub & Selth, APC.

Ways to Eliminate Second Mortgage Loan Debt

If you are struggling with second mortgage debt, your options include:

  • Paying more than the monthly payment due - This is especially helpful if your second mortgage has a higher interest rate than your first mortgage.
  • Refinance your loan - You can consider consolidating your mortgages into a single loan for more manageable monthly payments so you can pay off both your mortgages earlier than if they were separate.
  • Negotiate with your lender - If you are having difficulty paying off your mortgages, you can contact your lender to discuss either forgiving the remainder of the debt, modifying it, or another alternative.
  • File for bankruptcy - If your second and/or third mortgage becomes unsecured or undersecured, they can be removed from the property and discharged. This process can be complex. But our attorneys are more than familiar with the process and we will be your guides if this option is available to you. If it is not, we will use our resources and experience to find other solutions for your specific situation.

Discuss Your Mortgage Debt with Our Trusted Team

At Weintraub & Selth, APC, we focus exclusively on bankruptcy and debt relief. Our lawyers have nearly 70 years of combined experience in this area of the law, and we are prepared for even the most complex cases.

Why Hire Our Firm?

  • Thousands of Cases Handled

    Our experienced attorneys have successfully represented thousands of businesses and individuals with financial problems.

  • We Offer Cost-Effective Expertise

    Flexible fee arrangements enable small and mid-sized businesses to obtain the type of relief usually reserved only for large companies.

  • Big Firm Experience at a Boutique Price

    Our lawyers have big firm training and expertise offered to clients in a cost-effective, boutique firm environment.

  • A Full-Service Bankruptcy Law Firm

    One of the few true full-service bankruptcy firms in Los Angeles specializing in all chapters of the Bankruptcy Code and out of bankruptcy solutions.

Experienced Attorneys

The Right Firm Makes a Difference

Hear from People We've Helped

Read Our 5 Star Reviews
  • “I am not sure how to express my thanks...”

    - Paul T
  • “[Jim Selth] has always come through in a very professional, timely, and responsible manner.”

    - Marc B.
  • “If you are a business owner going through difficult times and need help restructuring or closing your doors, this is the law firm ...”

    - Paul Trump

Contact Weintraub & Selth, APC Today

Financial Freedom is One Call Away
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