Legal Question in Real Estate Law in Texas
I defaulted on a home 15years ago. and i recently bought a new home now the people i bought the first home from calls and says i owe them $41,000.00 on that home or they will put a judgement on me. can you explain what this means and what they can do thanks mike
Asked on 8/09/11, 10:36 am
1 Answer from Attorneys
Joseph A. McDermott, III
Attorney at Law
Did the first sellers sue you and obtain a judgment at that time? If not, a suit by them now wuold almost certainly be barred by the statute of limitations.
Answered on 8/09/11, 10:55 am