
Promissory note. Defendant served and ignoring it.?
I have a civil complaint filed for breach of contract ~ non-payment of a promissory note. Defendant was served, tried to force me to sign unrelated paperwork he drew up before he said he would pay. I refused knowing his reputation for ”grifting” people. He has since put his house in foreclosure and has left the state. He is ignoring the summons and I suspect he will not show up for the court date in 3 months. I imagine he is hoping or assuming with the foreclosure he will not owe his debts. Would it be appropriate to contact the bank/lender of his foreclosed property of the current court case and impending lien? He is in the process of looking at new property to buy in anther state – so he can’t claim bankruptcy.
File a lis pendens for constructive notice of the suit. With the foreclosure action ongoing, the lender really has no responsibility to you; and their lien is in first position in front of you now; and if it is foreclosed before your judgment, you’ll get no relief from the property as security anyway. Better chance to file a foreign judgment against the new property.
Short Sales Case Study 5 with Nathan & Drew
|
|
Avoid Foreclosure $20.5 Avoid Foreclosure |
|
|
The Foreclosure Game $29.95 The Foreclosure Game |
|
|
The Foreclosure $21.44 No Synopsis Available |
|
|
FORECLOSURE $24.5 If you are in danger of losing your home, it””s important to remember that you are not alone. In these uncertain economic times, financial problems have affected virtually everyone… |
Tags: mortgagesNo Comments
0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.