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What is the statue of limitations on money borrowed on a

Customer Question
home equity loan where the...
What is the statue of limitations on money borrowed on a home equity loan where the home was sold in a short sale, or foreclosure ?I thought all was settled when the home was sold. Note: The bank "Charged it off 7 years age and now is pestering with saying that I owe the entire amount.
Submitted: 1 year ago.Category: Real Estate Law
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Answered in 2 minutes by:
8/29/2016
Real Estate Lawyer: LawTalk, Attorney replied 1 year ago
LawTalk
LawTalk, Attorney
Category: Real Estate Law
Satisfied Customers: 37,857
Experience: I have 30 years legal experience. Additionally, in CA I held a Real Estate Broker's license.
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Good afternoon,

I'm Doug, and I'm very sorry to hear of your situation. My goal is to provide you with excellent service today. In order to give you a clear and concise answer, I will need some additional information about the circumstances, please.

1. When was the last time you made a payment on the HELOC?

Doug

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Customer reply replied 1 year ago
2006/07
Customer reply replied 1 year ago
Can we talk on the phone?
Customer reply replied 1 year ago
I am sorry to have bothered you , I did not know this would be so difficult. Please do not charge my card . And I will sign off now. All I wanted is a quick answer. Have a good day,!
Real Estate Lawyer: LawTalk, Attorney replied 1 year ago

Hi,

I took a break and am back now. It is certainly not a problem. We can talk on the phone of you want and I will make that offer to you.

Doug

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Real Estate Lawyer: LawTalk, Attorney replied 1 year ago

Good morning,

Do you still want help?

Doug

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Customer reply replied 1 year ago
No thank you. Make sure this charge didn't go thru...thanks again. Please confirm
Real Estate Lawyer: LawTalk, Attorney replied 1 year ago

If you need assistance navigating the system or if you have billing questions, you can contact customer service at(###) ###-####

I'll opt out.

Doug

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Tina
Tina
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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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