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Foreclosure Forum |
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Why not propose a partial payment for a partial release...In Reply to: Ward, What About Just Releasing?... posted by Kurtis on May 05, 2008 at 12:14 AM Kurtis, Why wonder what Franchise Tax Board will do?? Why not just contact them and ask for a release, and then see what their response is?
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: This must be a very common situation where there is no equity left...do you think we would have more luck not asking them to forgive, but just to release a portion, otherwise the sale is impossible and they won't get anything...do you think releasing might be a greater likelihood than forgiving part of the loan? Can they still keep their judgment in place and still sign off on the sale of the property?
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