Legal Question in Bankruptcy in New York
checking account line of credit
Is this concidered an unsecured loan and must be written of with the credit card debt
Asked on 1/09/08, 1:29 pm
1 Answer from Attorneys
Andrew Nitzberg
Andrew Nitzberg & Associates
Re: checking account line of credit
Yes. This is unsecured debt.
Secured is when there is something that the creditor will take and sell if you don't pay; like a car or a house.
Answered on 1/09/08, 2:13 pm
Related Questions & Answers
-
Filing How do i know if it is worth filing? Asked 1/04/08, 2:52 pm in United States New York Bankruptcy Law
-
Revoked Bankrupcy I filled for Bankrupy and was ordered to hand over my Taxes... Asked 12/23/07, 11:50 pm in United States New York Bankruptcy Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
