If a bank owns a home and there is a 2nd lienholder placed on the property and then the bank forecloses on the property, is the 2nd lienholder lifted off of the title?
Question Details: And if the forecloser takes place then does any parties that occupy it need to be evicted for this to take place?
Eric Redman / Redman Ludwig, P.C.
Answered 3 months ago
This attorney is licensed in Indiana
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after foreclosure the second lien is gone from the ttitle but the debt would still be owed.
yes new owner so tenant has to move out unless arrrangements are made
