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-   -   Home equity loan with home now going into foreclosure (https://www.askmehelpdesk.com/showthread.php?t=263929)

  • Sep 25, 2008, 04:08 PM
    mcriman
    Home equity loan with home now going into foreclosure
    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?
  • Sep 25, 2008, 05:21 PM
    JudyKayTee
    Quote:
    Originally Posted by mcriman View Post
    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?

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