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Bankruptcy laws have changed significantly in 2006. Recent reform laws make it more difficult to get bankruptcies approved through court if you own a home that has equity. The courts have indicated that if you are in a position to reduce your payments and find debt relief with a 2nd mortgage, they expect you to finance the debt consolidation rather than file for a BK. Getting a secured home equity loan is great alternative to bankruptcy, because an equity loan will actually improve your credit. Bankruptcy filings will significantly hinder your credit history for at least 7 years.
Secure Your Debt Consolidation Loan Solutions |
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2nd Mortgage Loan Rates- Consolidate your high-rate debt or refinance your home with a low fixed home mortgage interest rate. Consolidate your mortgage & bills into one lower first mortgage payment! |
| Home Equity Loan Rates- Take advantage of record low rates with low minimum monthly payments. You can reuse the credit lines with line amounts up to 100% of the value of your home. |
| Add a Home Line of Credit to your financial arsenal and get a revolving account secured by your home. Variable rates at prime + margin. |
| Take advantage of historic savings on your 2nd mortgage before the current low home mortgage loan rate and low home mortgage interest rate disappear! |
| SecureYourDebt.com's services are Free and there's No Obligation. Learn more about our company and debt consolidation tips. Our goal is to help you lower your payments and save money. |
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