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Statements towards the Reaffirmed HELOC concerned in PNC Settlement

Funds could have been attained between PNC Bank, Letter.An effective., and you can a beneficial Michigan couples just who alleged the bank failed to publish them expected financing statements on the home-guarantee line of credit they reaffirmed in their case of bankruptcy.

Jeffrey and Barbara Polonowski acquired an effective HELOC of PNC inside 2017, centered on court papers. They filed to possess Chapter 7 case of bankruptcy when you look at the and you may reaffirmed the newest everything $141,000 family-security debt two months after.

Reaffirming an obligations, that is a normal area of the bankruptcy proceeding process, mode the debtor agrees to carry on to make payments on personal debt because the before agreed. Continue reading