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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] 2nd deed forclosure Posted by caral on February 08, 2002 at 7:45 PM I am holding a 2nd deed of trust for 20,800. Property is worth 130K+ Owners have had 2 prior forclosures filed against them from the lender of 1st mortgage. Both of these were held off by filing of Chapter 13. Both Chapter 13 BR's were dismissed. With arrearage's etc. they owe me more than 25,000. I have tried to contact them and their attnys with no response. If I forclose, do I have to pay back taxes and the 1st note? If I forclose, do i bid for my own amount or what? This is very frustrating, as the attorney i talked too told me I would not, in all liklihood to get anything from them. What process should I proceed with? Any information you could send me would be very much appreciated as I can not afford attny's fees. Thank you Follow Ups: Re: 2nd deed forclosure Bill Crandley 6:11 AM, 08/23/02 (0) Re: 2nd deed forclosure Ward-CA- 4:00 PM, 02/09/02 (3) Re: 2nd deed forclosure karen 6:27 AM, 10/17/08 (0) Re: 2nd deed forclosure caral 0:19 AM, 02/10/02 (1) Re: 2nd deed forclosure Ward-CA- 7:42 AM, 02/10/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I am holding a 2nd deed of trust for 20,800. Property is worth 130K+ Owners have had 2 prior forclosures filed against them from the lender of 1st mortgage. Both of these were held off by filing of Chapter 13. Both Chapter 13 BR's were dismissed. With arrearage's etc. they owe me more than 25,000. I have tried to contact them and their attnys with no response. If I forclose, do I have to pay back taxes and the 1st note? If I forclose, do i bid for my own amount or what? This is very frustrating, as the attorney i talked too told me I would not, in all liklihood to get anything from them. What process should I proceed with? Any information you could send me would be very much appreciated as I can not afford attny's fees. Thank you Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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