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  • what happens with home equity loans and lines of credit after your house is foreclosed on?

    Posted on February 11th, 2012 No comments

    Question by : what occurs with house equity financing plus lines of credit following home is foreclosed about?
    My apartment was auctioned off about August 2, 2010. However I have a house equity line of credit which I nonetheless owe about, however today it’s unsecured considering the home has been foreclosed about. Can I file bankruptcy about which dept?

    Best answer:

    Answer by the tax lady
    The creditors might ask we with pay them straight because an unsecured loan.

    Yes, the debt is included inside bankruptcy.

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