A settlement has been hit anywhere between PNC Bank, N.An effective., and you will an effective Michigan partners just who so-called that lender didn’t publish all of them required financing statements with the household-equity credit line it reaffirmed during their bankruptcy proceeding.

Jeffrey and you will Barbara Polonowski acquired a HELOC out-of PNC in the 2017, centered on court papers. They registered to have Chapter 7 bankruptcy within the and you may reaffirmed the latest around $141,000 home-collateral debt two months later.

Reaffirming an obligations, which is a frequent an element of the bankruptcy techniques, means the brand new debtor agrees to keep and also make repayments to your loans since the in past times consented.