California  |  Bankruptcy

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1/24/09, 10:12 am

Legal Question


real estate liens

if a bank has two liens on a house, one being the mortguage and the second being a personal equity line of credit, and the bank charges off the personal equity line of credit due to a bankruptcy/death occuring simultaniously, does this remove the second lien? what effect does the charged off loan have on the residence?


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