2000 loan

I have no intention of selling or refinancing any time soon, so I just keep paying the first. If I sell or refinance, that second lien will have to be settled. Debt collector can not collect on the debt since it was discharged in Chapter 7, but can foreclose on the property since they hold the lien. Very unlikely here in Michigan as the second lien holder also has to pay off the first mortgage to initiate foreclosure proceedings. I was wondering why the credit union was holding onto it and not selling it. No one would try to foreclose in these circumstances on me if they were to be assigned the second lien. Can they actually take you to court if you refuse to pay what they want? I was wondering why the credit union was holding onto it and not selling it.

No one would try to foreclose in these circumstances on me if they were to be assigned the second lien. Can they actually take you to court if you easy personal loans online refuse to pay what they want? I get a letter once or twice a year from the 2nd lien holder.

I only communicate with written replies, never email or phone calls.

They have not requested a payment or threatened to foreclose in close to 9 years now. Legally, they are not attempting to collect a debt, they are attempting to enforce a lien.

My home has not been underwater for about 4 years now, but they have not increased any attempts to foreclose. With the coronavirus pandemic happening, I think most debt collectors are in a sit and wait get payday loan online period. In my case, since they hold the lien, they know I cant sell or refinance without the lien being released. So they have the ability to wait it out, and I have the ability to just keep paying my 1st and not worrying about foreclosure.

The one question I have is the wording and definition bad credit unsecured loans guaranteed approval of Covered Residential Mortgage Loan under SEC. You know how we non-Fannie Mae or Freddie Mac mortgages have been screwed over because we were not able to easily get any HAMP, HEMP or whatever relief most people were eligible for? Well, does this sentence mean ALL residential mortgages according to the definition? I surely hope so and I hope they could not and would not penalize us with reverting back to the old terms of the mortgage. I get a letter once or twice a year from the 2nd lien holder. I only communicate with written replies, never email or phone calls.

They have not requested a payment or threatened to foreclose in close to 9 years now. Legally, they are not attempting to collect a debt, they are attempting to enforce a lien.

My home has not been underwater for about 4 years now, but they have not increased any attempts to foreclose. With the coronavirus pandemic happening, I think most debt collectors are in a sit and wait period. In my case, since they hold the lien, they know I cant sell or refinance without the lien being released. So they have the ability to wait it out, and I have the ability to just keep paying my 1st and not worrying about foreclosure. I thank everyone on this site for helping me strategize this move. I do believe because of the Pandemic that it helped me resolve this issue. Others out there in my situation should consider doing the same. I thank everyone on this site for helping me strategize this move. I do believe because of the Pandemic that it helped me resolve this issue.

Others out there in my situation should consider doing the same. I have been tempted to contact my lien holder during this pandemic also.

They want to know so they can exploit that for their good 2000 loan and to squeeze more out of you. If you have you might have a harder time settling for a lower number. Just call their loss mitigation section and make them an offer.

Is there a way to find out for sure r do I need a full faroff, you should go to your State or County online system showing deeds and liens.

There you can see if there are any liens on your home. If not, physically go to the court house and ask if there are any liens on your property. No need to pay hundreds of dollars to an attorney, unless you find a lien and want to negotiate it. An Enrolled Agent at a CPA firm can also negotiate with the 2000 loan ITS on your behalf. There you can see if there are any liens on your home. If not, physically go to the court house and ask if there are any liens on your property. No need to pay hundreds of dollars to an attorney, unless you find a lien and want to negotiate it. An Enrolled Agent at a CPA firm can also negotiate with the ITS on your behalf.

Do you know where I could start the search online for State or County system? Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages.


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I was finally able to obtain a modification in 2015 even though the second mortgage had been charged off. Would anyone know why this credit union has chosen to retain the lien and not sell it to a debt collector?

I have considered bankruptcy but I would rather not. My ex was removed with a QUIT CLAIM DEED and I am the only one on the deed.

Does anyone know if the credit union can still sell my debt or is it too late for them to collect on it due to a statue of limitations (SOL) in Maryland? I would appreciate any input possible on my situation. I am trying my best to continue my mortgage payments but it is getting harder due to COVID-19. First thing to do is find out what Maryland SOL is. Im in one of those states, Michigan, which does not have a SOL on real property. Also go to Since you havent filed bankruptcy, the loan and the lien are both valid. Charged off means nothing to you, only the bank for accounting purposes. Till recently, with the coronavirus, most home prices were increasing, so no need to settle outstanding debt if the value of the home was going up.

If you are current on your first, I would keep paying that, but since its the same bank that holds your second, I would contact them again for a settlement.

The best you could get out of bankruptcy would be release of the mortgage debt, but the lien would remain and they could still collect on the lien.

I have no intention of selling or refinancing any time soon, so I just keep paying the first. If I sell or refinance, that second lien will have to be settled. Debt collector can not collect on the debt since it was discharged in Chapter 7, but can foreclose on the property since they hold the lien. Very unlikely here in Michigan as the second lien holder cash advance apr also has to pay off the first mortgage to initiate foreclosure proceedings. I was wondering why the credit union was holding onto it and not selling it. No one would try to foreclose in these circumstances on me if they were to be assigned the second lien.

Can they actually take you to court if you refuse to pay what they want? I was wondering why the credit union was holding onto it and not selling it. No one would try to foreclose in these circumstances on me if loan companies in houston tx they were to be assigned the second lien. Can they actually take you to court if you refuse to pay what they want? I get a letter once or twice a year from the 2nd lien holder.

I only communicate small installment loans with written replies, never email or phone calls. They have not requested a payment or threatened to foreclose in close to 9 years now. Legally, they are not attempting to collect a debt, they are attempting to enforce a lien. My home has not been underwater for about 4 years now, but they have not increased any attempts to foreclose.

With the coronavirus pandemic happening, I think most debt collectors are in a sit and wait period. In my case, since they hold the lien, they know I cant sell or refinance without the lien being released. So they have the 2000 loan ability to wait it out, and I have the ability to just keep paying my 1st and not worrying about foreclosure. The one question I have is the wording and definition of Covered Residential Mortgage Loan under SEC. You know how we non-Fannie Mae or Freddie Mac mortgages have been screwed over because we were not able to easily get any HAMP, HEMP or whatever relief most people were eligible for?

Well, does this sentence mean ALL residential mortgages according to the definition? I surely hope so and I hope they could not and would not penalize us with reverting back to the old terms of the mortgage. I get a letter once or twice a year from the 2nd lien holder. I only communicate with written replies, never email or phone calls. They have not requested a payment or threatened 2000 loan to foreclose in close to 9 years now. Legally, they are not attempting to collect a debt, they are attempting to enforce a lien. My home has not been underwater for about 4 years now, but they have not increased any attempts to foreclose. With the coronavirus pandemic happening, loan companies for bad credit I think most debt collectors are in a sit and wait period. In my case, since they hold the lien, they know I cant sell or refinance without the lien being released. So they have the ability to wait it out, and I have the ability to just keep paying my 1st and not worrying about foreclosure. I thank everyone on this site for helping me strategize this move. I do believe because of the Pandemic that it helped me resolve this issue. Others out there in my situation should consider doing the same.

I thank everyone on this site for helping me strategize this move.