I asked this in another forum but I think that this is the appropriate place:
The bank which held a HELOC for my former primary residence has file suit against me in Florida to collect the debt of around $80,000. I short sold my condo in Escambia county and the holder of the HELOC released the lien for a payment of $3000, which I paid. They are now suing me for the debt. I have hired an attorney. What are the chances that I will win the suit if it goes to court. I can afford to pay the debt. I own some investment real estate in another state but there is no equity in them due to the housing market.