Equity stripping is considered a form of asset protection. When someone is in debt (such as facing a foreclosure) and are having trouble making payments, creditors start to look at the assets that the debtor owns for collateral.
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oreclosure equity stripping is the classic case of kicking someone who is down. The person perpetrating the equity strip—let’s call this person the “acquirer”— targets homeowners who are in foreclosure and have equity remaining in the
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Introduction. Equity stripping is the art and science of making a business appear to be worth less than it really is. It has been said that perception is everything, an aphorism that is definitely true in asset protection.