United States: First Circuit Holds No Equitable Lien For Lender Where Home Equity Line Of Credit Debtor Was Not Actual Owner Of Property, Proceeds Used To Buy Another Property - Riker Danzig Scherer Hyland & Perretti

United States: First Circuit Holds No Equitable Lien For Lender Where Home Equity Line Of Credit Debtor Was Not Actual Owner Of Property, Proceeds Used To Buy Another Property - Riker Danzig Scherer Hyland & Perretti

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United States Court of Appeals for the First Circuit recently reversed a District Court decision and held that a creditor was not entitled to an equitable lien arising from a Home Equity Line of Credit

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