Tag Archives: Bankruptcy

What happens with home equity loans or lines of credit if you file for bankruptcy?

Question by Clinton W: What happens with place assets loan or line of recognition if you record for failure?Would these debts be “forgiven” also and if so, does this affect your house which was used to achieve the debt?Best response: … Continue reading

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What happens with Home equity loans and lines of credit if you file bankruptcy?

Question by Clinton W: What happens with Home assets loan and line of recognition if you record failure?Would these debts be “forgiven” also and if so, does this affect your house which was used to achieve the debt?Best reply: Answer … Continue reading

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Credit Cards Past Due – Need Advice about Credit Counseling/Negotiating/Bankruptcy Please?

BrendaD asked: I have approx. 40K between 4 credit cards that I had before I was married. These credit cards are in my name only, not my husband’s. I have always paid my debts on time and have never been … Continue reading

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Low Home Mortgage Equity Loan Rates are Obtainable

Josh Spaulding asked: One of the benefits to purchasing a home is developing a strong financial portfolio. As you make payments on your home, you are building up equity in a property that you can use a later date if … Continue reading

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Is there help for us to combine our home equity and home mortgage?

Box asked: I will try to make this short, it is complicated. We own 2 commerical buildings, and our home. We have been trying to pay down credit cards for 4 years now with Consumer Credit Counselors. Well economy is … Continue reading

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anyone had problems with irwin home equity and refinancing loans they hold?

Kaydee asked: I have a 2nd mortgage with irwin. 3 years ago i declared bankruptcy for medical reasons but did not reaffirm this mortgage. I did not know that i needed to and Irwin was not present at the hearing. … Continue reading

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Is a home equity loan an ideal way to pay off credit card debt?

bodyC asked: Ok, this is unconventional – My mom is disabled. Her home was affected by Katrina. Her home is finally fixed. However, during the past two years, she’s accrued close to $100,000 in credit card bills to pay off … Continue reading

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Bad Credit Home Equity Loans: Solves All Big Problems

Johns Tiel asked: The home equity loans are good for one time large monetary plans. The borrower in these loans can use the equity of their home as collateral for getting the required money. Not only the good credit holders, … Continue reading

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If I choose to blow off a mortgage loan, how long will it take to regain credit?

badgirl asked: BadGirl has an idea. What if I dump all of my student loans into a refinance and/or home equity (on property I own, but need to unload), and then I decide to bail on that property. It will … Continue reading

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Your House in Exchange for Money? Home Equity Loan Basics

Khieng Chho asked: It is true that money does not grow on trees. You need to work hard in order to earn the money you need for your everyday living. And as time passes by, the rougher it takes to … Continue reading

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