Real Estate Law
Have Real Estate Law Questions? Ask a Real Estate Lawyer.
Hi, my name is ***** ***** I look forward to helping you, please give me a moment to review and possibly research answers to your question.
Hi, sorry for the delay there, for some reason this question disappeared from my queue. So I understand the situation, have you not paid on the mortgage in 14 years or has it been paid off for 14 years?
I am asking about the 2nd mortgage. Was the 2nd mortgage paid in full or was there a balance on it and it was discharged in the bankruptcy in 2003?
Alright, that is what I thought. So the problem is, the debt may be discharged but the lien is not removed in a chapter 7. So the lien is still in place and would the amount of the balance plus interest.
However, you are right, the statute of limitations to collect against the lien may be over. And it sure sounds like nobody can find your loan. So what you need to do is file a "quiet title" action to try and have the 2nd lien actually removed from the title record. You need to find a local real estate attorney to do this.
Does that all make sense?