can someone put this in english
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Posted by airics
(152.163.253.37) on July 18, 2003 at 09:23:39:
Ohio revised code: 2329.08
from what i understand, if a house is foreclosed upon and there is a deficiency, whether it is on the original mortgage or a equity loan, they only have 2 years to collect... after that, they are out of luck.... also if this is true, how is this fought in court? i believe the only bad thing is it will be on your report for 7yrs. thanks
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