Legal Question in Bankruptcy in California

You need to confer with an experienced bankruptcy attorney. There are potentially many things that can be done with that line of credit. First, if it is wholly unsecured, then you may be able to strip it from the house, but only in a chapter 13 bankruptcy. Further, if the loan is secured by more than just your primary residence (for instance, a bank account or other asset), you may be able to modify that loan in a chapter 13 even if it is partially secured. Again, these are tremendously complex issues, and you need to consult with an experienced, qualified bankruptcy attorney. This is not something you should attempt on your own, as failure to do it right could severely impact your rights, and future obligations.

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