I have about 200k in credit card debt and 400k in business loans. Some are bank credit lines and some are paypal loans, all unsecured. I resell on ebay but debt has gone up and sells down. If I default, can they make me sell my real estate property?
I own a home in Orlando where we we will be moving to, only 10% equity.
I have a rental in NJ with 30% equity and a rental in Delaware with 30% equity. $600,000 home, 410k owed to mortgage on both homes.
If they sue me, would the judge make me sell any of the houses?
I own a home in Orlando where we we will be moving to, only 10% equity.
I have a rental in NJ with 30% equity and a rental in Delaware with 30% equity. $600,000 home, 410k owed to mortgage on both homes.
If they sue me, would the judge make me sell any of the houses?