How can statue of limitations expire when each monthly payment missed is a new date for reason of forclosure!!!
The laws in those states needs to be changed so that it doesn’t take a jdge/court to forclose!
Throw their sorry asses out in the street.
You don’t believe me See post #24
The statute of limitations starts running when the plaintiff (here, the Bank) has the right to apply to the Court for relief. If the statutory limitations period runs without application for relief, the claim becomes barred.
You can only default on a debt once. Once the debt is in default then it is in default.
And requiring a court to approve foreclosure prevents the kinds of injustices we saw during the 2008 foreclosure crisis when banks administratively foreclosed on properties that they didn’t even have title to!
“The laws in those states needs to be changed so that it doesn’t take a jdge/court to forclose!”
Right, who needs pesky “due process” anyway?