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Posted by NJDave on February 17, 2006 at 13:51:55:
In Reply to: Does New Owner mean new forclosure process?? posted by Jessica on February 17, 2006 at 12:34:18:
Transferring title without paying off the mortgage will do nothing to impede the foreclosure process.
The foreclosure will continue to injure the mortgagor's credit, and the new owners will have to pack up, or pay up.