Equity Loan Information
Chapter 13 Bankruptcy Question?
I am currently in a chapter 13 bankruptcy. I am paying the trustee $1050.00 a month. I have been in this for 2 1/2 years. I would like to pull the equity out and pay off my bankrupt. Is this possible? I really need to do this. Someone told me to try a hard money loan? I read about high interest rates.. I have about 200,000 in equity. I don't want to pull it all out. Just enough to do some home improvements and to get me out of bankrupt staus. I now owe $20,000.00. My husband ran off and decided he wanted to be a street person. So I am left with all the bills. No it was not a business.
Public Comments
- I am also in this same boat yes you can but it all has to go through the courts and the trustee dont go behind their back also you have to pay 100% of all debt you filed on to pay off earley hope this helps
- the first thing is,,,,how much are you in debt? how did you get in debt? was it a business? need more info to answer the question.
- I am glad to her that you have the ability to take care of your bankruptcy problems. Most people do not have the reserve. Go to the link below to read more about bankruptcy law and have your bankruptcy questions answered.
