Posted on: 24th Feb, 2010 07:53 pm
Is a 2nd mortgage included in the SoL. And if so, can I negotiate to remove the lien and get off my credit. I'm in NC.
was your second mortgage charged off by the lender? if yes, then it may be included in the sol. you need to contact an attorney who would help you in knowing whether or not the sol has expired. any negative item will remain on your credit report for 7 years. however, if you haven't paid the dues, then the collection agency may not be ready to negotiate and remove the lien from your report.