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Collection letter from second mortgage

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  • Collection letter from second mortgage

    I purchase condo in 2006 with (80+20) mortgage with two lander. Never refinance the loan. in 2011 try to do short sale but didn't workout due to lander and 80% lander did foreclose my condo in July 2012. I received 1099-C from 80% lander and 1099-A from 20% lander. after one and half year I received collection letter from 20% lander asking for $81000 balance payment.

    What I have to do?

  • #2
    We can probably help you if you are in CA, please call us on Monday at 510 742 5887 - visit www.yourdebtsettlementattorney.com
    Shah Peerally is an attorney licensed in California practicing immigration law and debt settlement. He has featured as an expert legal ****yst for many TV networks such as NDTV, Times Now and Sitarree TV. Articles about Shah Peerally and his work have appeared on newspapers such as San Jose Mercury News, Oakland Tribune, US Fiji Times, Mauritius Le Quotidien, Movers & Shakers and other prominent international newspapers. His work has been commended by Congress women Nancy Pelosi and Barbara Lee. He has a weekly radio show on KLOK 1170AM and frequently participates in legal clinics in churches, temples and mosques.

    For updates follow us onYoutube, Radio, Facebook, Twitter and LinkedIn. Shah Peerally Law Group PC deals in immigration law - www.peerallylaw.com and www.immigrationlegalblog.com
    Attorney Shah Peerally also deals in debt settlement. For more information call us on 510.742.5887 and visit us on www.YourDebtSettlementAttorney.com.
    Information provided above is for educational purposes only. One should not act or refrain to act solely based on the information provided. You should consult an attorney to assess your case before proceeding.

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