October 19, 2009

28 Year Old

Filed under: Collections,FHA Loan

CAN HUD COME AFTER A PERSON 28 YEARS LATER ON A CLAIM THAT SHE NEVER KNEW ABOUT,EVEN IF THE FILES WERE DESTROYED BY HUD?

MARIE

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Hi Marie,

I’d have to say doubtful, because there is a ten year statute of limitations.  The limitations period begins at the time of default. 

Read: Statute of Limitations is an Affirmative Defense

Thanks for the questions and hope this helps.

Paul

This author is not an attorney and this information should not be considered legal advice.  Please consult an attorney for legal advice.

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