QUESTION
Can a debt collector sue me for the second mortgage on a house that was seized in 2008 by the first mortgage holder?
Asked on Oct 25th, 2013 on Foreclosures - Florida
More details to this question:
My house (located in Florida) was foreclosed on in 2008 after I lost my job and could not pay the first mortgage. Citimortgage took the house in 2008, and I own no property and have no significant savings. The second mortgage was sold to a debt collector possibly after the foreclosure occurred. Now they have filed a summary judgement against me for the second mortgage. Do they have legal grounds to do this? I do not have the money to pay this or to hire a lawyer. This would be utterly devastating if I was forced to pay. If I didn't have the money to pay the mortgage back then, how can they attempt to get blood from a turnip now? All this is going to do is force me into bankruptcy and basically guarantee I'll never own a home ever again.
1 ANSWER
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
Partner at
Tischhauser Law Group
2 Awards
Yes. You may still owe money on the prommisory note even though the house is no longer collateral for the loan.
Answered on Nov 06th, 2013 at 8:00 AM
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