Legal Question in Credit and Debt Law in New York

is there a statue of limitation for 2nd mortgage collection on property that have been taken/reclaimed by the bank? If so what is the limitation in NY?


Asked on 3/28/14, 10:54 am

1 Answer from Attorneys
Marshall Isaacs Marshall R. Isaacs, Attorney At Law

Your question cannot be answered in its present form. When you indicate "2nd," do you mean collection on a "2nd mortgage" or a 2nd attempt at collection by the bank on a first mortgage? Please clarify and one of us may be better able to assist you.

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Answered on 3/28/14, 11:15 am


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