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04-28-2011, 07:46 AM

chessbusiness chessbusiness is offline

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Join Date: Apr 2011

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Wanting to understand better about Lines of Credit

vs Mortgage on a house,when,how,why? How common is it and how does it differ from a Mortgage when a house has 2 lines of credit instead of Mortgage?The house is worth less then the Assessed value which is used for taxes(the assessed value)?With the new Bankruptcy laws,can or how does a person keep the house and still file for Bankruptcy and not lose the house?

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