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Bankruptcy

: Bankruptcy Law Network

HELOC in bankruptcy: dischargeable?

By Cathy Moran, California Bankruptcy Lawyer

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The borrower’s personal liability for a home equity line of credit or a standard second position home mortgage is dischargable in bankruptcy.  A reader of my website Bankruptcy in Brief, emailed me about conflicting input she was getting in her self prepared bankruptcy case. I learned that the sources of misinformation continue to multiple:  some HUD [...]

Full post as published by Bankruptcy Law Network on June 15, 2009 (boomark / email).

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