Posted on: 03rd May, 2010 11:35 am
my 2nd mortgage is chrged off and my 1st went into foreclosure. and 1st purchased his balance. i am in judicial state. can the 2nd come after me. i am planning to redeem 1st. thanks
the second mortgage lender has charged off the loan, he will not be able to collect the dues from you. rather a collection agency will contact you and ask you to pay off the balance amount.