What is a Zombie Mortgage?
Did you think your second mortgage, home equity loan or home equity line of credit was written off and then suddenly had it reappear from the dead after many years? If so, you may have what is called a zombie mortgage. This can be terrifying as you could cause you to lose your home.
This blog will explain what a zombie mortgage is and ways you can fight back. If you need help facing a possible foreclosure, a zombie mortgage, or have other debt issues, contact Levitt and Slafkes to discuss possible solutions.