0
All debt and all assets are included.
They are given different classes and priorities.
The asset, in this case the house, will be used to satisfy this debt before it is used to satisfy others.
The debt is a secured debt.
Wiki User
∙ 16y ago
Wiki User
∙ 10y agoFrom my understanding these are your only options. Since the title loan is a secured loan then you have two choices. Reaffirm on the debt (this means pay it back)
Talk to your lawyer or bankruptcy advisors to make sure I am not missing anything, good luck!
Wiki User
∙ 15y agoSecured debt. Same as a mortgage which is exactly what it is..albeit second or 3rd position ne normally.
Wiki User
∙ 8y agoyes
Add your answer:
Earn +20 pts
Where can mobile home equity loans be found?
You can apply for mobile home equity loans online at the website, MountainSideFinancial. They are the nations current leader for mobile home equity loans.
How long does it take to get home equity after bankruptcy paid off loans and you have bad credit?
The time it takes to get home equity paid off after bankruptcy and bad credit will vary depending on how bad the credit score. It will also depend on which lawyer and banks are involved.
Does everyone need equity loans for their home?
Everyone does not need equity loans for their home. Equity loans are only needed if the home-owner does not have sufficient funds to continue paying for the home in question.
Where could one find info on home equity loans in Columbia?
Information on home equity loans in Columbia can be obtained from many Colombian financial websites that offer home equity loans. One example of a site that offers home equity loans in the Columbia Bank.
Which bank offers the best rates on home equity loans for those going through bankruptcy?
Lending Tree is a website that allows one to compare the best rates that banks will offer on home equity loans for bankrupt individuals. Bankrate also provides similar services.
What is the function of the company No Equity Loans?
No Equity Loans company offers home loans nationwide with no equity required. They provide loans up to $200,000 with adjustable and fixed rates with up to 125% of the home's value.
What banks offer the lowest rate home equity loans?
There are two banks that offer the lowest rate home equity loans. These two banks that offer low rate home equity loans are RBC and The Bank of America.
Where can one find home equity loans at fixed rate?
There are many places where one can find home equity loans at fixed rate. On the websites "bankrate" or "zillow" one can find home equity loans at fixed rate.
What is the difference between a home improvement loan and a home equity loan?
Home improvement loans are given to people who want to do renovations on their house. Home equity loans are loans that are given out with the assurance of the house.
Where can one find information on home equity improvement loans?
One can find information on home equity improvement loans online on websites, such as Nationwide, Mortgage 101 and TD Bank. There are different types of home equity improvement loans.
Can I finance my home remodel by getting a home equity loan?
"The short answer to your question is yes. Home equity loans are designed to give the home owner the ability to access some capital by taking a loan against the equity in your home. These types of loans are often used for home improvement projects, and larger purchases as an alternative to using credit cards or other loans as home equity loans tend to be lower interest loans."
Can you get a home equity loan if your home is paid for?
Absolutely! Home equity loans enable homeowners to get cash out of the equity in their home. As Homeowners pay down their mortgage, they build equity; equity is also built as a home’s value increases. You can borrow against your equity in your home. To check out more about home equity loans visit LendingTree.
