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my bankruptcy is over 3 months ago. my home equity line of credit 15000 that I had before bankruptcy shows zero available

by mptrn64282 from Pittsburgh, Pennsylvania. Apr 4th 2014 Reply


will they restore that credit?

Apr 4th 2014
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Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

Most likely they will not restore your line.

Apr 5th 2014
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Bill Stouffer (bill.stouffer@mortgagefamily.com)
#90 ranked lender in Pennsylvania - 5 contributions

Your credit line will not be restored automatically. You would want to speak with your lender as to their credit policy regarding credit lines, credit score and when you might be able to reapply. If you have a 1st morgage, make sure you reaffirm the debt so that it reports on your credit report. This will help you rebuild your credit scores.

Apr 5th 2014
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Mike Silkworth (msilkw_195_870)
#29 ranked lender in Michigan - 531 contributions

If you want to re-instate that you will need to talk to the lender directly. I suspect they will not restore it. But you won't know until you ask.

Apr 5th 2014
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