:::RHMT::: Real Home Made Turbo
General Category => General Discussion => Topic started by: Tre West on May 16, 2009, 05:32:54 PM
-
If you have a heloc, and you foreclose on the house you pulled the money out on, does the heloc payment go away because it was tied into the equity of that home? Technically it's a second....right? Thanks for any answers.
-
Not entirely sure, but I think they can come after you somehow or another to get whats owed
Not quite the same deal, but possibly similar
Co-worker of mine had a lease on a charger Daytona, he turned it in before ever being late knowing he couldnt afford payment, they billed him for 4500 dollars for equity losses and other BS fees, put a lien on his house, and garnished wages