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I received letter from Bank stating my loan has been forgiven

Posted on: 15th Nov, 2010 01:21 pm
I just received a letter from the loan holder of my first note. The property has been put into foreclosure. This past week we received a letter stating that the first loan has been forgiven. Does this mean that we will have to renegotiate this loan. Or are we done paying on it for good
Hi estoller!

Welcome to forums!

If the loan has been forgiven, then you won't have to pay off the dues to the lender anymore.

Sussane
Posted on: 15th Nov, 2010 07:46 pm
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