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  1. #1
    Join Date
    Jan 2008
    Location
    Toledo, OH
    Posts
    16,307

    Default Re: Home Equity Loan Discharged - Do I Still Have To Pay?

    My questions:
    1- Am I in the clear with the monthly payments?
    2- Can the company do anything to me if I stop making payments? Will I lose my house?
    3- Will I have to repay the loan when I eventually sell the house?
    Their answer - that you should consult your attorney - is the only correct one.

    We're not privy to the details of your bankruptcy, you really do need to just stay after your attorney until you reach him/her to get an appropriate answer.

    It's probably not what you wanted to hear, but it's the only answer that will keep you out of hot water.

  2. #2
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Re: Home Equity Loan Discharged - Do I Still Have To Pay?

    From what you seem to be saying, the home equity loan is still secured by your house. That would mean that you can stop paying and risk foreclosure, or keep paying such that they do not foreclose.

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