If I received a judgement against me for a home equity line of credit that I defaulted on due to illness and hospitalization, is it dischargable in bankruptcy?
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If I received a judgement against me for a home equity line of credit that I defaulted on due to illness and hospitalization, is it dischargable in bankruptcy?
Asked on August 28, 2012 under Bankruptcy Law, New Mexico
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Unless the judgment that you are writing about has a specific finding of an intentional tort such as for fraud, then under this country's bankruptcy laws you would most likely be able to discharge this judgment that you have written about in a successful bankruptcy filing. I suggest that you consult further with a bankruptcy attorney about your matter.
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