Legal Question in Credit and Debt Law in Louisiana

foreclosers

can a line of credit forecloser on your home


Asked on 10/20/07, 12:59 pm

1 Answer from Attorneys
Robert Louque The Louque Law Firm, L.L.C.

Re: foreclosers

If the line of credit is a mortgage, then yes.

If the line of credit is not a mortgage, then they can foreclose if they have sued you and obtained a judgment. After obtaining a judgment, they can seize any property that the law says is not exempt.

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Answered on 10/20/07, 3:07 pm


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