Asked by Sandy, Punta Gorda, FL • Sun Jun 1, 2008
afford to pay my 60K line of credit secured by the equity in my home any longer. In today's market, my home has dropped in value and is not worth $130K. Both loans were discharged in bankruptcy and I have not signed any reaffirmation to pay. Because I've been paying consistently and on time. Neither the 1st nor 2nd bank has contacted me. What can happen if I stop paying on my 60K line of credit loan since it was a part of bankruptcy and discharged?
Real Estate in Punta Gorda
Popular Categories in Punta Gorda
Email me when…
Success! Your email alert settings have been saved. Access all your email alerts in your My Trulia account anytime!