Sunday, 12 April 2015

If a house payment has not been made past 5 years is there a law you cane keep the house,from the bank,if you are living in it?

Question

If a house payment has not been made past 5 years is there a law you cane keep the house,from the bank,if you are living in it?



Answer

No. The statute of limitations on the enforcement on a mortgage is 5 years from the date that the last payment on the mortgage is due not the last time you paid.



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