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repossession of mobile home

Posted on: 09th Feb, 2011 04:14 pm
Mobile home was repossessed Lender threatening to sue for mothers mobile home property the single wide mobile home was on, she was a co-signer. Property was put in my name after the mobile home was purchased. Can they take the park or just put a judgement on the park. Paid on the mobile home for 8 years and they sold it for 18,000 which is more than I paid for it when purchased so they actually have more than it was valued at when first purchased.
Welcome hairgirl,

If the lender is unable to recover his dues, then he will file a lawsuit in the court and get a judgment to place a lien on your other properties.
Posted on: 09th Feb, 2011 07:14 pm
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