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Foreclosure Statue of Limitations - Delaware

Do you know if there is a statute of limitation in Delaware for a company to foreclose on a house due to a defualt on a [url=]home equity loan[/url]? I filed for bankruptcy and ,y home equity loan people said they weren’t going to pursue foreclosure because there was not enough equity in the house. I am willing to still pay them a monthly amount, but I’d hate to start paying them and then all the sudden the market goes back up and they decide to foreclose anyway. So will I have that hanging over my head for the rest of the time I am in the house, or is there a period of time in which they have to pursue foreclosure otherwise it is null and void?

Niicss's picture
Niicss | Joined: October 3, 2005 11:54 pm | Posts: 0 | Location: New Jersey | 00 Dollars($)

As far as I know, the SOL in Delaware for property related issues is 6 years.

Like | Dislike | Share | Posted: Mon, 01/10/2011 - 01:55

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