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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Foreclosing on a Note that hasn't been paid on since 1991 Posted by Steve Gold on June 06, 2003 at 4:54 PM Can you do a Non-Judicial Forcloseure on a Note secured by a Deed of Trust that has not been paid on since 1991, and has been all due and payble since 1992. someone told me that the California Civil Code states that you waive your rights to collect after a certain amount of time has passed. Since I'm considering buying this Note I would greatly appricate some insight into this matter. Or could someone direct me to what the Civl Code states? Thanks, Steve Gold Follow Ups: Depends on the ascertainability of the maturity date.. Ward-CA- 7:34 PM, 06/07/03 (0) Re: Foreclosing on a Note that hasn't been paid on since 1991 Joe Kaiser 10:24 PM, 06/06/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Can you do a Non-Judicial Forcloseure on a Note secured by a Deed of Trust that has not been paid on since 1991, and has been all due and payble since 1992. someone told me that the California Civil Code states that you waive your rights to collect after a certain amount of time has passed. : Since I'm considering buying this Note I would greatly appricate some insight into this matter. Or could someone direct me to what the Civl Code states? : Thanks, : Steve Gold 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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