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If the second lien holder was not paid after the sale,
they can still send bills for payments,
and can eventually sue you for the remaining balance,
What you should consider is contacting the lender, and try to work out some arrangement, where they way 70-80% of the balance and you make a payment plan for the rest of the amount,
Most times these lenders will accept some payment plan or balance reduction, also threaten a bankruptcy if they refuse to settle
If you have any further questions please do not hesitate to ask.
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Let me clarify,
if this was a non judicial sale,
the original secured lender,
can avoid filing a lawsuit and sell the property,
they would not be able to bring legal action,
However, you are stating the second lender,
is bring legal action, as the second lender,
they are not prohibited from bringing such action, as the first lender was the party
If the second trust deed was a "purchase money" loan used in the purchase of a residence and the second trust deed foreclosed upon the property by way of a non-judicial foreclosure as opposed to a lawsuit filed in Washington State court, then most likely the bank cannot come back and sue you for the balnce owed on any shortfall after the residence's resale.
A "purchase money" loan is a loan used by a person to acquire property as opposed to a refinance and typically a home to live in for personal use by the borrower.
If the second was a HELOC or a line of credit from another institution, they would be allowed to collect,
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