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second mortgage after foreclosure Oregon

Posted on: 13th Nov, 2010 10:49 am
i live in the state of oregon and my residence was foreclosed on. i had a second mortgage and they still are trying to collect the payments. what are the laws in oregon about this?
Hi Guest,

The second mortgage lender has the rights to collect the deficient balance from you. The second lender will never forgive the dues. You should negotiate with the second mortgage lender and try to get a repayment plan so that it becomes affordable for you to pay off the dues.

Thanks
Posted on: 14th Nov, 2010 11:38 pm
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