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Updated over 4 years ago on .

User Stats

13
Posts
17
Votes
George P.
  • Professional
  • Los Angeles, CA
17
Votes |
13
Posts

Seeking Recommendation for Eviction/RE Attorney San Bernardino

George P.
  • Professional
  • Los Angeles, CA
Posted

I want to foreclose on an old note. 

Loan is $30,000 at 8% with interest only payments of 250.94 until maturity,

Only 4 payments were made and its been in default for years [please no discussion of statute of limitation please]. 

Interest only payments were to be made for 5 years and then the balance of $30,000 was due. The borrower defaulted after only 6 payments. I just want to know how to what to put on the