Legal Question in Wills and Trusts in Louisiana
Can a mortgage company foreclose on property/ land that does not have a clear title? Can a lien be imposed? THe land was donated prior to successions pf granparents. Heirs are disputing the title. A home was built and mortgaged on this piece of land using the land as collateral, nine years ago. Divorced now, Sept. 2009, lost job and mortgage company to foreclose.
1 Answer from Attorneys
Dear LawGuru Friend,
Yes, the mortgage holder (mortgagee) can foreclose on
whatever interest the mortgatgor (debtor who signed the mortgage)
had at the time he/she/they signed the mortgage--no more. To
give you a better answer, I would need more information. Feel free
to contact me by e-mail at [email protected] and give me
your name and phone number and I will call you and/or email you and
discuss this matter further with you. Of course, there is no charge.
Sincerely,
Hardy Parkerson, J.D. - Lake Charles
Retired Lawyer After 41 Years of Successful Law and Trial Practice
[email protected] - 337-478-4370; cell 377-6086
(Prefer your phone number so I can call you on a land-line.)
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