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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Junior lienor's right of reinstatement Posted by Ward-CA- on May 29, 2002 at 6:34 PM In Reply to: junior lien reinstatement posted by stanf on May 29, 2002 at 5:35 PM : If I hold a trust deed junior to a foreclosing lien, is the senior lien holder obligated to accept my payment to reinstate the defaulting loan? =•=•=•=•=•=•=•=•=•=•= Yes, the right of reinstatement inures to any junior lienor or interest holder who would be wiped out or wiped off title by the foreclosure of a senior lien. Follow Ups: Re: Junior lienor's right of reinstatement stanf 10:12 PM, 05/29/02 (4) Re: Fees would eat you up. Jim V 11:51 PM, 05/29/02 (3) Re: Fees would eat you up. stanf 6:40 AM, 05/30/02 (2) So what'sthe correct legal answer already? G Paul 5:17 PM, 05/30/02 (1) Re: A non-legal opinion Jim V 9:30 PM, 05/30/02 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : If I hold a trust deed junior to a foreclosing lien, is the senior lien holder obligated to accept my payment to reinstate the defaulting loan? : =•=•=•=•=•=•=•=•=•=•= : Yes, the right of reinstatement inures to any junior lienor or interest holder who would be wiped out or wiped off title by the foreclosure of a senior lien. 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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