What happens to a mortgage loan held by a lender who goes chapter 11 bankrupt, subsequently goes out of business through dissolution of the corporation, given the loan is not already sold to investors?
Is the mortgagee then in line as the lenders successor?
Answer
That depends on facts we don't have, and which you didn't provide.
Answer
You still owe the money to someone. You failed to give us enough facts to determine whom.
No comments:
Post a Comment