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Re: SBA loan question - WhyChat - a bit more info


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Posted by LadynRed (66.20.107.167) on January 30, 2003 at 21:43:28:

In Reply to: Re: SBA homeowners disaster relief loan question - WhyChat or anyone ? posted by Why Chat on January 30, 2003 at 20:37:18:

Ok, here is her response to your questions:

"The original loan was part of the FEMA disaster relief, and I believe was only guaranteed by the SBA, not serviced by them directly. It was tied to the house, so I'm not sure why it didn't terminated when the house was foreclosed on. Unfortunately, my ex had the paperwork and didn't keep anything after his bankruptcy (his failure to handle paperwork well was a major cause of that). The loan went into default in mid-1996, he filed BK in September 96 and it was discharged in (he thinks) March 1997. "

I've asked her if there's anything on her CR about this. Its not much more to go on, I know.

Thanks again :)


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