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Cedric
Cedric, Attorney
Category: Legal
Satisfied Customers: 2899
Experience:  Lawyer with several years of litigation experience in civil and criminal law.
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This is a continuation of previous related questions I had

Customer Question

This is a continuation of previous related questions I had on 5/28/10.
Can the bank issue a new note stating their newly calculated payment going forward for the remaining 25 years? And what will happen if I refuse to sign that new note?
Submitted: 7 years ago.
Category: Legal
Expert:  Cedric replied 7 years ago.

Yes, the bank can issue a new note stating that you have those continuing obligations, and if you sign it you will continue to have those obligations for the next 25 years.

Customer: replied 7 years ago.
And what will happen if My wife and I refuse to sigh that note?