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mcriman
Sep 25, 2008, 04:08 PM
I live in Michigan and a couple of years ago I took out a $60,00 home equity loan. With my home now going into foreclosure and me filing for personal bankruptcy, what happens to my home equity loan?

JudyKayTee
Sep 25, 2008, 05:21 PM
I live in Michigan and a couple of years ago I took out a $60,00 home equity loan. With my home now going into foreclosure and me filing for personal bankruptcy, what happens to my home equity loan?



It would be discharged as part of the bankruptcy if the filing is accepted.

Is that what you mean?