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Reaffirmation of 1st trust deed mtg loan

Posted: Mon Feb 16, 2009 12:10 pm
by Yahoo Bot

Is the reaffirmed TD a prepetition refi?
Elmer Dean Martin III
P. O. Box 4670
Diamond Bar, CA 91765
909 861 6700
elmer@bankruptcytax.net

The post was migrated from Yahoo.

Reaffirmation of 1st trust deed mtg loan

Posted: Mon Feb 16, 2009 11:25 am
by Yahoo Bot

Good Morning
Can a first trust deed mortgage lender go after a debtor in CA for a
deficiency balance if the debtor reaffirmed the debt in chapter 7 then
defaulted in the future?
And Can the lender do a judicial foreclosure after a reaffirmation is
approved and go after the debtor for any kind of a defeciency balance?
I have never seen one in 15 years. Has anyone else? and what is the
law on it??

The post was migrated from Yahoo.