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can a home equity loan be included in a chapter 7

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Post Posted: Fri Oct 30, 2009 7:29 am    Post subject: can a home equity loan be included in a chapter 7
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Can you include a home equity loan when you file a chapter 7? I live in Ohio and including my home equity loan, even if I sell the house both mortgages would not get paid. To keep the house can I include the second mortgage (home equity loan) in my bankruptcy discharge.
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gunz.ijjistaff




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Post Posted: Fri Oct 30, 2009 8:12 am    Post subject:
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Yes, as far as i know you can include home iquity loan in chapter 7 but if you sell house you would not get paid. YOu can't keep house it you discharged from second mortgage.


Thanks.
gunz.ijjistaff.
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