Foreclosure in 1999

Posted by T on February 26, 2005 at 19:51:29:

Hi-
I live in Iowa. I had a foreclosure take place in 1999.
There was a junior lein on the property for a home improvement. I know that our home sold to the original financial institution for amount owed. However, the junior lien was not paid at that time. I thought everything had cleared when all of a sudden this year I received a notice of amount still owing for junior lien. I have not made a payment at all on this loan since before the foreclosure in 1998. Do I still owe this? What is the statute of limitations?

Follow Ups:

• Re: Foreclosure in 1999 - Jim V 21:34:28 02/27/05 (0)
• Re: Foreclosure in 1999 - Jake 04:49:21 02/27/05 (1)
  • Re: Foreclosure in 1999 - Jake 09:53:45 02/28/05 (0)

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Comments:
: Hi- 
: I live in Iowa. I had a foreclosure take place in 1999.
: There was a junior lein on the property for a home improvement. I know that our home sold to the original financial institution for amount owed. However, the junior lien was not paid at that time. I thought everything had cleared when all of a sudden this year I received a notice of amount still owing for junior lien. I have not made a payment at all on this loan since before the foreclosure in 1998. Do I still owe this? What is the statute of limitations? 


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