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Tina
Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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What is the statue of limitations on money borrowed on a

Customer Question

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: 10 months ago.
Category: Real Estate Law
Expert:  LawTalk replied 10 months ago.

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

Customer: replied 10 months ago.
2006/07
Customer: replied 10 months ago.
Can we talk on the phone?
Customer: replied 10 months 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,!
Expert:  LawTalk replied 10 months 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

Expert:  LawTalk replied 10 months ago.

Good morning,

Do you still want help?

Doug

Customer: replied 10 months ago.
No thank you. Make sure this charge didn't go thru...thanks again. Please confirm
Expert:  LawTalk replied 10 months 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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