top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

HELOC & Chapter 7 Discharge

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #1

    HELOC & Chapter 7 Discharge

    I am discharged but have been a bad boy about my heloc. I have not paid in months but plan on paying soon. Just curious why they are being quiet...they were the most aggressive creditor before BK and know they are so quiet ...its unnerving.

    Regardless if i pay up current...am i going to be ok?
    Tags: None
    #2
    are you underwater on the loan ?? What bank is it ?? Since it is discharged, and i assume you did not re-affirm, they could have sold it to a JDB
    Stopped Paying CC's 2/2009. Retained Attorney 1/10/2010 Filed 1/23/2010. Discharged 5/19/10 $187K CC, $240K 2nd,$417K 1st, No asset Ch-7

    Comment

      #3
      I owe 268 on 1st
      I owe 116 on Heloc

      House worth about 410...

      So almost underwater but enough to cover both loans right?

      Comment

        #4
        The bank is american express/everhome.

        They sell the lien to JDB? What about foreclosing?

        Think they might be biding time until values come back?

        Comment

        Previous template Next

        bottom Ad Widget

        Collapse
        Working...
        X