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Mortgage Community Forums | Deeds, Property Transfer and Estate Planning | Can a creditor seize a house with a mortgage & evict owner

Can a creditor seize a house with a mortgage & evict owner

Posted on: 16th Feb, 2010 11:44 am
Just spoke to a person in Penn who has a default judgement ($5,000) against them and the creditor indicates they are going seize the house and evict them. If the house has a mortgage from a bank, how will the creditor be able to sezie the house when the house is collateral for the mortgage?
i just answered your question - check out this link:

http://www.mortgagefit.com/predeal/about34943.html

please don't post the same query several times.
gmakerley
Posted on: 16th Feb, 2010 12:59 pm
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