QUESTION
I Had a First and Second Mortgage with the same lender. This lender took the property back in a deed in lieu. Can they still try to collect the second
Asked on Dec 19th, 2013 on Foreclosures - Florida
1 ANSWER
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
Partner at
Tischhauser Law Group
2 Awards
They can still collect on BOTH for a deficiency. Deed in Lieu is not a debt waiver and just saves you the added expense and cost of the forclosure process.
Answered on Dec 19th, 2013 at 10:55 PM
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