What are my options? I cannot pay the HELOC loan on a house that I no longer own. The house was in NV and foreclosed in 2008.

I agree that Nevada law will control here. It sounds like the HELOC will be a recourse loan given the fact that HELOC's are generally taken out...

Is a home considered an asset if you just bought it 2 year ago?

I agree with Mr. Feinstein's response. Mr. Larkin is licensed to practice law in CA and is located in San Diego. His response here does not...

Declare bankruptcy?

It is difficult to tell you what the effect of bankruptcy would be on the debt you are referring to without knowing what the judgment is for. ...

Will bankruptcy get rid of my heloc ?

I agree with Mr. Fink in that if the HELOC is secured (the numbers you provide indicate that it is) then you will not be able to strip it in...

My husband and I live in California and we’re looking for pre-bankruptcy guidance.

Whether you will pass the means test and be eligible to file for chapter 7 depends on a number of factors, most importantly your income and what...

If you cannot pay the deficiency balance and you have other debt then you should consider bankruptcy options. This will allow you a fresh start. ...

Credit Unions and freezing accounts

They will not freeze your account in this instance. Mr. Larkin is licensed to practice law in CA and is located in San Diego. His response here...

Bankruptcy and ChexSystems Information

No. Mr. Larkin is licensed to practice law in CA and is located in San Diego. His response here does not constitute legal advice and does not...

If you have filed for chapter 7 BK, can you change your mind and not go through with it?

If you don't show up the case will be dismissed. It will still remain on your credit as a dismissed bankruptcy. Mr. Larkin is licensed to...

I have a hospital bill that is from 2000 insurance never paid it's percentage am i liable?

No. The debt should be beyond the statute of limitations. Mr. Larkin is licensed to practice law in CA and is located in San Diego. His...