| would be thinking home equity loan bad this,'' UCLA's Nelson said. Lenders are likely to find that the threat of a judicial foreclosure is more powerful under the tighter bankruptcy rules that take effect today. Under the previous rules, borrowers could threaten to file for Chapter 7 bankruptcy protection and erase a deficiency along with credit-card bills and other unsecured debt. That bargaining chip soon will be less effective, however, because the new bankruptcy rules will make it much harder to home equity loan bad for Chapter 7 protection. The bankruptcy law changes will force more debtors to seek Chapter 13 protection and repay at least a portion of their debts through court-ordered payment plans. Lenders still typically won't get full dollar, but home equity loan bad will give them more leverage when negotiating how to reduce payments or restructure debts, experts say. hard money loan seasoned mortgage home equity loan bad loan or interest-only loan wraparound mortgage referring to ownership rights over real estate. The terms real estate and real property are used primarily in common law, while civil law jurisdictions refer instead to immovable property. In recent years, many economists have not recognized that the |  |
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