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Alger Bankruptcy Services


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Alger & Associates personal bankruptcy services are
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Edmonton, Calgary bankruptcy Q&A forum

Author:

 

alan

Question:

 

I pay my house through a line of credit secured through the house, what happens to that if I file Bankruptcy.



From:

 

Alger & Associates Inc.

Date:

 

May 13, 2013

Answer:

 

Alan Based on your comments your line of credit appears to be a secured debt and is not affected by your proposed Bankruptcy. You will need to continue the payments on the Line of Credit to avoid the bank taking foreclosure action. I would be happy to review your situation and discuss your concerns in more detail, please contact me by telephone or email marie.kozlowski@ca.gt.com Thanks for the question

Marie Kozlowski
T 403-296-3082
Marie.Kozlowski@ca.gt.com

 

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