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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (51376)4/4/2006 2:40:44 PM
From: Lizzie TudorRead Replies (1) of 306849
 
what if you spend the money and have no assets? The HELOC is secured with the house?

Sure your credit report will be toast but are you going to get put in jail for this?

Like defaulting on a credit card, not illegal?
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