Posted on: 26th Sep, 2008 04:28 pm
WE filed bankruptcy on a mortgage loan on our land & on another home that we have. There is 1 mortgage on both places. We bought a doublewide and put it on the property (it can still be moved) because it's not a permanent fixture. We only had a title lien (no real estate attached) on the doublewide. When we went before the trustee with our attorney, we stated that we wanted to reaffirm on the land & other house (this mtg. loan is up to date on all payments) but not the doublewide (which is on a 1 yr. note). Now the bank has turned it over to their attorney to start foreclosure on the land loan. Can they do this even though the doublewide is not on this mortgage loan?
Thanks T in Kentucky
Thanks T in Kentucky
Hi jrmiller!
I don't think it can be done. However I would suggest you to consult a real estate attorney for this.
I don't think it can be done. However I would suggest you to consult a real estate attorney for this.
Hi jrmiller!
I feel shouldn't be done but may be the bank has taken the liens into consideration. Consult an attorney in this respect.
I feel shouldn't be done but may be the bank has taken the liens into consideration. Consult an attorney in this respect.