Personal loan with house furnishings as collateral
November 8th, 2009 by Questions
I owe $15,000 from Citifinancial with my house furnishings as collateral (TV, sofa, beds, and a car that has been sold). I don`t live in my house now as I have separed from my husband. My husband is buying me out of our house, and is being finalized. He is keeping everything in the house and I am getting $10,000 from this arrangement. If I file for bankruptcy, would my loan with Citifinancial be included considering that it is a loan with collateral? If not, can Citifinancial seize those furnishings if I no longer have interest on those anymore?
Posted from: Ontario