Tips For When Your HELOC Is Reduced

The part that I found most interesting was this:

Ask the lender how you can have your HELOC reinstated. Your lender must reinstate your credit when conditions that permitted the freeze or reduction no longer exist. You might have to put your request to reinstate the line in writing.”

http://www.marketwatch.com/story/what-to-do-if-your-home-equity-line-is-cut-2009-08-07?siteid=rss&rss=1