Legal Question in Credit and Debt Law in Florida

Foreclosure

5 years ago I pledged a second morgate on my home $70,000 as part of a business loan. The business went under 3 years ago and the assets were auctioned off.

I received a letter this week from a company that bought the loan and is now demanding the $70,000 or they will foreclose on my home.

Do I have any options


Asked on 1/18/04, 5:25 pm

1 Answer from Attorneys

David Slater David P. Slater, Esq.

Re: Foreclosure

no

Read more
Answered on 1/19/04, 6:23 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Florida