Legal Question in Credit and Debt Law in Ohio
After a forclosure and default...
Hello,
My mom went through forclosure in March. At that time the mortage company sent her a defult (I think that is what it was called. Where it lists how much she still owns the company.) That has been almost a year and they have not been in contact since. What does that mean? Will they still try to collect?
Thamks
Dawn
Asked on 1/09/06, 1:04 pm
1 Answer from Attorneys
Gregg Manes
Gregg A. Manes, Esq.
Re: After a forclosure and default...
It means that there is a judgement against your mom and they can collect on it at any time. A judgment lien is only good for 5 years. Good Luck
Gregg Manes
Answered on 1/09/06, 9:53 pm