Posts Tagged ‘home equity line’

My California house went into foreclosure and sold at auction.

March 22nd, 2012 by Jarad

Question:  I live in California. My house went into foreclosure and sold at auction. I have a home equity line that I owe 54K on. The home equity line is current. If I continue to pay on it, what will happen? Will I be able to continue to make payments or will they come after me for the full amount?



home equity line default

February 15th, 2012 by Jarad

Question:  I work for the bank that holds my home equity line. I do not want to default on it. (It is only a 10k heloc) Can I just continue to pay on it if my mortgage loan is defaulted on?



Short sale on a property what about home equity line that was not paid off?

February 10th, 2012 by Jarad

Question:  I had a short sale on a property in 2010 and I have a second home equity line that was not paid off. they say I owe the full amount. Can I declare insolvency and not have to pay ?



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