If you are current on the 2nd loan, then you are not in default, and if you are not in default, then the 2nd lienholder has no right to foreclose. You can object to the request for relief on grounds that there is no default, thus no grounds to foreclose and no grounds for relief from the bankruptcy stay.
If the lender claims that somehow its interests re at risk, your response is that there is more than enough equity
in the property to cover both the first and second liens, so there is no risk to the 2nd lienholder at all.
I'm actually wondering the same thing as you: why does the 2nd lienholder think it has grounds for relief from stay?
Hope this helps.
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