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Terry L.
Terry L., Attorney
Category: Bankruptcy Law
Satisfied Customers: 2654
Experience:  Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.
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I have over $300K in unsecured debt as a result of an investment

Customer Question

I have over $300K in unsecured debt as a result of an investment going bad. I was laid off my job and no longer have any assets. My mortgage is current, but that is all. I have been successful claiming payment protection insurance for $150K of the debt. That will last for about 9 more months. The remaining debt is with various banks that Bank of America acquired and they did not honor the payment protection insurance claims. Since I have no income, any mediation has not been successfull. Specifically, what can Bank of America enforce against me at this point? I live in California.
Submitted: 8 years ago.
Category: Bankruptcy Law
Expert:  Ellen replied 8 years ago.
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