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Category Archives: Second Mortgage Settlement

MortgageLoan

Second Mortgage vs. Home Equity Line of Credit (HELOC): How Each Is Treated in Bankruptcy

By Wadhwani & Shanfeld |

If you’ve borrowed against your home—whether through a second mortgage or a home equity line of credit (HELOC)—you may be feeling added financial pressure as debts pile up. For many California homeowners struggling to stay current, the threat of foreclosure or lawsuits can become very real, especially if the value of the home has… Read More »

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