:My question involves a foreclosure in the State of: Co
My home was foreclosed on in April 2006. We got a 2nd mortgage on it October 2005. We notified the 2nd that the home was being foreclosed on and they said that it was not secured by our property. I have the original documents and it states that the property is the collateral.
Long story short, the home is bank owned and has failed to sell numerous times and now the second ( after 2 years of no contact from them) has sent a collection company to collect. Do I have to repay this?