If I default on my credit card debt, will that in any way affect my home equity line of credit?
It's possible, but it depends entirely on the langauge in the HELOC.
Greenbelt, MD
Bankruptcy and debt Lawyer at Greenbelt, MD
Practice Areas: Bankruptcy & Debt, Chapter 7 Bankruptcy ... +2 more
It's possible, but it depends entirely on the langauge in the HELOC.
Life insurance, unless your estate is the beneficiary, isn't subject to the claims of your creditors.
Oral contacts are just as enforceable as written ones. But it's tougher to prove the terms of an oral contract. The text messages will help. The...
Assuming you're not going to have a property distribution, there should be no problem in filing now. Please make sure you discuss the bankruptcy...
For the primary governmental programs, a Chapter 13 will have no impact on a loan modification. For others, it might. Speak with your bankruptcy...
Not only should you, you are required to. ALL assets and ALL debts (including debts for things you want to keep) must be scheduled. You may not...
Who is "they," why is there a garnishment and what is being garnished? There isn't anywhere near enough information in your question to provide...
Absolutely the debt collector will use the information you give to sue you if a settlement agreement is not reached. FWIW, it is very unlikely...
Before a creditor (other than for public student loans and the IRS) can garnish wages, it first must sue you and get a judgment against you. Only...
Student loans are generally not dischargeable. Tuition is. Speak with your bankruptcy attorney about filing for contempt against the collection...