mortgage foreclosure representation: CAN A BANK SUE TWICE ON THE PROMISSORY NOTE AND MORTGAGE? - 09/15/11 03:33 PM
You can have a cow without a tail, but you cannot have a tail without a cow.
My law office has been receiving reports of aggressive tactics of mortgage lenders pursuing borrowers on the promissory note alone.  This means they are avoiding foreclosure actions and going straight after borrower assets. Some self educated or video seminar educated borrowers contacted me saying that if the lender goes after the borrower only on the promissory note, then the lender gives up the right to pursue a mortgage foreclosure, opening the door to the borrower getting the home free and clear of the mortgage … (4 comments)

 
Richard Zaretsky, Florida Real Estate Attorney (THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY)

Richard Zaretsky

Florida Real Estate Attorney

West Palm Beach, FL

More about me…

THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY

Address: 1615 Forum Place, Suite 3A, West Palm Beach, Fl, 33401

Office: 5616896660 x 107

Mobile: (561) 329-2279

Legal true life experiences, general observations and commentaries for Realtors, Lawyers and Mortgage Brokers - also see our Palm Beach County Short Sales group blog.
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