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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Foreclosing on a Note that hasn't been paid on since 1991 Posted by Joe Kaiser on June 06, 2003 at 10:24 PM In Reply to: Foreclosing on a Note that hasn't been paid on since 1991 posted by Steve Gold on June 06, 2003 at 4:54 PM Generally, you can't sue to foreclosure on an "out of statute" debt. In Washington, where I'm at, this doesn't apply to trustee's sales so yes, I see foreclosures taking place nonjudicially on notes that are no longer able to be sued out. In other words, there's no statute of limitation on a secured note here with regard to your ability to foreclose, and I suspect you'll find the same in CA. Joe ForeclosureClues.com Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Generally, you can't sue to foreclosure on an "out of statute" debt. : In Washington, where I'm at, this doesn't apply to trustee's sales so yes, I see foreclosures taking place nonjudicially on notes that are no longer able to be sued out. : In other words, there's no statute of limitation on a secured note here with regard to your ability to foreclose, and I suspect you'll find the same in CA. : Joe 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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