[CLBS] Statute of Limitations

[Bruce M. Perry]

Dear Listmates,

 

One of the debts that was discharged in a Chapter 7 was a home equity loan.
It has now been over 5 years since the maturity date of the loan and no
payments have been made during that time.  Is the lender barred from
bringing a foreclosure action.  If so, since the debt was discharged, can
the lien be extinguished?  Would it take a quiet title action?  Thanks for
your help.

 

Bruce M. Perry

 

Integra Law Group 

950 W. Bannock, 11th Floor
PO Box 1870
Boise, ID 83701


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