Would home a HELOC used to purchase a business qualify as
Posted: Tue May 25, 2010 6:58 pm
charset="windows-1251"
There is always a chance of a fight about it, but not likely.
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem (a debt relief agency)
206 N. Jackson Street, #201, Glendale, CA 91206
Tel: 818-507-6000 Fax: 818-507-6800
* Bankruptcy specialist cert. by State Bar of CA Bd of Legal
Specialization.
ArnoldH
Sent: Monday, May 24, 2010 4:53 PM
To: cdcbaa@yahoogroups.com
Subject: [cdcbaa] Would home a HELOC used to purchase a business qualify as
business debt
I have another case where the client use the bulk of his line of credit to
purchase a business, assuming it can be traced, would there be any question
that it is business debt ?
charset="windows-1251"
Message
There is always a chance of
a fight about it, but not likely.
David A.
Tilem
Certified Bankruptcy
Specialist*
The post was migrated from Yahoo.