Can I remove liens against my property?

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Yes. Under certain circumstances, judicial liens and “nonpossessory, nonpurchase-money security interests”…may be removed if, based on the value of the asset and the amount of senior liens and encumbrances against it on the date your bankruptcy case is filed, the fixing of the lien causes it to “impair” an exemption to which you are entitled under Colorado (or other applicable) law. This is another reason to hire an experienced Colorado bankruptcy attorney to interpret all the legalese just recited.


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