Dealing with Zombie Second Mortgages: A Guide for Property Owners
Tuesday, 9 July 2024, 13:33
Dealing with Zombie Second Mortgages
Understanding the risks and actions to take.
Key Points:
- Do not ignore debt collection correspondence.
- Avoid assuming it is a scam.
- Be careful of unrequested aid.
- Insist on full disclosure from debt buyers.
Handling a zombie second mortgage situation requires proactive measures and vigilance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.