Assignment Of Deed Of Trust California

Assignment Of Deed Of Trust California-45
Divorcing in tough economic times can be a real challenge.

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They get to keep their property while paying some or all of their debt over an extended period of time.

This "secondary" market for mortgages is quite active, and a lender has plenty of opportunity to sell a mortgage and turn a profit.

When a lender sells the loan, it assigns the trust deed to the buyer.

If a property has multiple liens on it, Chapter 13 can even strip these liens from the property.

As long as a debtor successfully completes his payment plan, creditors typically release the liens automatically when the bankruptcy is discharged.


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