Foreclosure Action Barred – But Mortgage Note and Lien Still Valid Florida leads nation in growth of first-time homebuyer rates destin vacation rental, Palms of Destin Condo Broward County’s existing-home prices rise in July Hey, You, Get Off of My Cloud – Mortgage Communications Spot – Florida Mortgages, Tampa Bay, Loans for First Time Buyers, FHA, VA and Refinance Let’s say you owe $200,000 on the first mortgage and another $75,000 combined on the two HELOCs.The bank can only choose one of the two remedies; therefore, if the bank commences a foreclosure action, it cannot later commence an action on the note and vice versa. In New York, the promissory note and mortgage are contracts and the six-year statute of limitations is applicable.
PITTSBURGH (AP) – A prosecutor on Friday urged a federal judge to sentence "Dance Moms" star abby lee miller to prison instead of probation for bankruptcy fraud.Assistant U.S. Attorney Gregory Melucci called witnesses to buttress his contention that the reality TV show star tried to avoid repaying hundreds of thousands of dollars in debt by hiding about $775,000 in income from a bankruptcy.
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