We've got 60k left on a mortgage, but home equity line is used up at 150k. about 30k in cc debt. Barely making it. Making the payments on time, but barely over the minimum.
If we file for bankruptcy will we lose the house? What would you recommend? Thanks.
Essentially I used the HELOC as an ATM card. Didn't help that I used thousands of it for a gambling habit which thankfully I've gotten over. Haven't gambled in a year.