To: PapaBear3625
forclosed by who?
the bank can prove they are the rightful party so they can’t forclose.
The rightful party can’t be found so there is nobody to pay money to.
If the rightful owner does not forclose within the statute of limitations, their claim is permanently time barred.
109 posted on
04/19/2011 10:23:25 AM PDT by
longtermmemmory
(VOTE! http://www.senate.gov and http://www.house.gov)
To: longtermmemmory
The rightful party can’t be found so there is nobody to pay money to. Then it's unclaimed property, and the state gets it. Just like bank accounts whose owner cannot be found. The state holds the money until the rightful owner is established.
111 posted on
04/19/2011 11:27:32 AM PDT by
PapaBear3625
("It is only when we've lost everything, that we are free to do anything" -- Fight Club)
To: longtermmemmory
LOL Perhaps you would like to tell me the page number of the law and the state you are talking about about a statue of limitations and permanently barred. Because I just don't know where that la la state is. A property lien is good for as long as it is of record. LOL
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