Would a delinquent mortgage that has not been foreclosed on for over 2 years hit a statute of limitations?

Answers:1   |   LastUpdateAt:2012-09-24 21:02:03  

Question
Anita Gunter
Asked at 2012-09-21 08:51:03
I was curious after reading an article with some people who had made no mortgage payment for over 2 years and the bank had started foreclosure proceedings . MedlinePlus MedlinePlus I know that the statute of limitations is different in every state , but I wondered if the limit applies to secured loans and mortgages .
Answer1joelleAnswered at 2012-09-24 21:02:03
I know states have what is called a statute of limitations for housing loans in most of them have years of collecting tens and many of them can renew the judgment for another ten years you can leave once receive a trial anytime I want too MedlinePlus I know a man who was foreclosed on 15 years ago who are now trying to take over the assets and is more likely to get then MedlinePlus That link is credit card loans in Kansas even if its owner had received a judgment against you for unpaid rent that would be good insurance for 10 years which is renewable in that state trial
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