An equity line holder is the other term for a shareholder or stockholder. This refers to the person who holds one or more shares in a company.
Share holder equity is liability for business which is refundable at dissolution of business
Nothing happens when you pay of an equity line of credit. The equity that you used for your line of credit is now safe.
An equity line of credit is issued based on the amount of equity you have in your home. If you have a $100,000 house and owe $75,000 then you would have $25,000 in equity.
The most informative online resource for information on a credit line for a home equity line is from United States government. http://www.federalreserve.gov/pubs/equity/equity_english.htm
common stock holder equity
Both are liens on the property. Most banks will only allow 2 liens per property. Most banks use a formula of the amount of equity of your home. If you have an open equity line of credit, the bank is going to calculate the TOTAL credit line of the equity line, not the amount you currently owe. For the equity loan, the bank will use the amount owed.
Equity redemption is a right that only applies to owner/mortgagor/borrower not lender/mortgagee; therefore, the answer is NO.
the name of equity would change only. as preveious co has sold the stakes to another company... this is the case of acquesition
A Home Equity Line Of Credit (HELOC) is generally granted by a bank or credit union. Equity is the amount of your home that you actually own. For example, if your home is worth $100,000 and you have paid $20,000 in principal, your equity is $20,000. A loan can be made using this equity as collateral. A line of credit for this amount basically means you will be given a checkbook that draws upon the loan.
Your mortgage lender who is offering you an equity line of credit can answer your question.
The line of credit is no longer usable and the bank that gave you the line of equity will be asking you to pay the balance. The mortgage holder will also be asking for the deficiency after the foreclosure auction. Alternatively, the banks may send you a 1099 early next year so you will owe taxes on the "forgiven" balance. Get a good bankruptcy lawyer. The law may change in this area when Congress comes back into session.
You could apply for an Equity Line of Credit, so long as you know what you're doing. I know of a few friends whom applied for an Equity Line of Credit, and I can give you their numbers for information from them.