by Ofer Shmucher | Sep 21, 2011 | Bankruptcy Process, Uncategorized
If you have already met a bankruptcy attorney or are planning on meeting one you can expect the attorney to use the word equity multiple times during your consultation. Unfortunately most bankruptcy lawyers assume that you already know what the term means and how it... by Ofer Shmucher | Sep 19, 2011 | Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Uncategorized
A few years ago when people purchased homes and those homes increased in values the banks offered the homeowners an equity line of credit, which was a way to borrow against the home. These equity lines of credit ranged from just a few thousand to several hundreds of...