Curing Deed of Trust securing "assumption"
Posted: Wed Sep 20, 2017 10:28 pm
I don't see why not.
On Wed, Sep 20, 2017 at 5:11 PM, 'Mark J. Markus' bklawr@yahoo.com [cdcbaa]
wrote:
>
>
> Let me update this a bit for clarification:
>
> The "assumption" deed is on a rental property, so another question
> becomes: What is the amount that must be paid--the full amount of the 1st
> DOT (which is current) or just the defaulted property tax amount which the
> 2nd DOT holder paid?
>
>
> -------- Forwarded Message --------
> Subject: [cdcbaa] Curing Deed of Trust securing "assumption"
> Date: Wed, 20 Sep 2017 16:09:28 -0700
>
> Reply-To: cdcbaa@yahoogroups.com
> To: cdcbaa@yahoogroups.com
>
> I have a client who has property in Houston, Texas, which apparently still
> exists, and has a regular mortgage deed of trust but also a 2nd
> "Assumption" Deed of Trust in favor of client's ex-spouse which apparently
> gives him rights in the event client defaults on any obligations on the
> first mortgage, or property taxes, etc.
>
> Client failed to pay property taxes, her ex-spouse paid them and then
> commenced nonjudicial (non-hyphenated) foreclosure.
>
> So my question is: Can this type of debt (the property tax reimbursement
> on an "assumption" DOT) be cured in a Chapter 13 case like any other
> arrearage?
>
> I have no experience with this type of DOT.
>
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> --
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> *************************
> Mark J. Markus
> Law Office of Mark J. Markus
> *Mailing Address Only:*
> 11684 Ventura Blvd
> . PMB
> #403
> Studio City, CA 91604-2652
> (818)509-1173 (818)332-1180 (fax)
> web: http://www.bklaw.com/
> Certified Bankruptcy Law Specialist--The State Bar of California Board of
> Legal Specialization
> This Firm is a Qualified Federal Debt Relief Agency
> ________________________________________________
> NOTICE: This Electronic Message contains information from the law office
> of Mark J. Markus that may be privileged. The information is intended for
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Kirk Brennan
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I don't see why not.On Wed, Sep 20, 2017 at 5:11 PM, 'Mark J. Markus' bklawr@yahoo.com [cdcbaa] <
Let me update this a bit for clarification:
The "assumption" deed is on a rental property, so another
question becomes: What is the amount that must be paid--the full
amount of the 1st DOT (which is current) or just the defaulted
property tax amount which the 2nd DOT holder paid?
-------- Forwarded Message --------
Subject:
[cdcbaa] Curing Deed of Trust securing "assumption"
Date:
Wed, 20 Sep 2017 16:09:28 -0700
The post was migrated from Yahoo.