1. Is the owner liable to continue to make payments.
2. Can the owner claim bankruptcy if he is financially ruined due to attorney fees, etc. - and will this alleviate him of his responsibility to pay for the house (which he no longer owns) forever?
1. Is the owner liable to continue to make payments.
2. Can the owner claim bankruptcy if he is financially ruined due to attorney fees, etc. - and will this alleviate him of his responsibility to pay for the house (which he no longer owns) forever?