Hello my question is I owned property and had a Home Equity line of credit taken out of the property.
Went through bankrupcy and was dismissed.
Walked away from the property and the property was sold about 8 months later.The home Equity was to put money into a business and i have the warranty deed to that property now. I
Continued to pay on that mortgage loan for the business.
So when the property was sold i still continued to make monthly payments 21/2 yars after it was sold.
Was i obligated to continue to pay on this line of credit that was used from the previous home which was sold? if I carry the warranty deed? Or does this lender which i paid monthly payments to for the 2 1/2
Should have not been paid to them? once the home was resold
Important information need
Thank you for your time..
Went through bankrupcy and was dismissed.
Walked away from the property and the property was sold about 8 months later.The home Equity was to put money into a business and i have the warranty deed to that property now. I
Continued to pay on that mortgage loan for the business.
So when the property was sold i still continued to make monthly payments 21/2 yars after it was sold.
Was i obligated to continue to pay on this line of credit that was used from the previous home which was sold? if I carry the warranty deed? Or does this lender which i paid monthly payments to for the 2 1/2
Should have not been paid to them? once the home was resold
Important information need
Thank you for your time..
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