my first mortgage is in loan mod status (foreclosure on hold)-this is in final loan mod status. During this time foreclosure is on hold? My second mortgage has gone to a debt collector-should be servicer. They are threatening me of foreclosure. Can they do this without permission of first mortgage company?
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Welcome to the forum!
The second mortgage holder doesn't need any permission from the first mortgage holder whatsoever. They can start foreclosure proceedings if they choose to do so.
However, unless there is substantial amount of equity in the house, the second is very unlikely to foreclose.
Good luck to us all.No person in their right mind files a Ch. 13 with lien strip pro se. I have.Therefore, please consider me insane and clinically certifiable when reading my posts, and DO NOT take them as legal advice of any kind.Thank you.
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