Legal Question in Real Estate Law in Colorado
What are the rights of an individual who's bank went under and their debts were transferred, and the new holder of the debt didn't not even give chance for payment and is demanding liquidation of all assets?
Asked on 10/18/10, 2:58 pm
1 Answer from Attorneys
Robert Murillo
Pivotal Legal Ltd.
Did you continue paying as required under your loan documents? If so I don�t understand why the purchaser would be claiming a default.
You need to contact an attorney as soon as possible to get more facts, review the loan documents, and determine your rights. Good luck.
DISCLAIMER�This answer is for informational purposes only and is not legal advice regarding your question. This answer does not establish an attorney-client relationship.
Answered on 10/25/10, 7:52 am