Legal Question in Credit and Debt Law in Virginia
My mortgage company sent a letter of demand
Can a mortgage company demand full payment of a loan if you are not in default?
Asked on 7/13/08, 5:23 pm
1 Answer from Attorneys
Robert Strupp
Robert J. Strupp,Attorney at Law, PLC
Re: My mortgage company sent a letter of demand
The answer depends on the terms of your mortgage. Non monetary defaults, or outside events, might trigger a demand. I suggest you seek legal counsel.
Answered on 7/13/08, 7:13 pm