What happens if I stop paying my mortgage on mobile home

[ataloss]

What is the name of your state? MO
I have a 1999 manufactured home in a mobile home park. I am living with my mother and can no longer afford my mortgage or lot rent or property taxes. I owe more on the home than I can possibly get selling and no one will try to sell it for that reason. I no longer live in MO and need to find out my options for getting out from under this house. What happens if I stop paying the mortgage?

[weenor]

The bank will foreclose and sell the home. Then it will sue you for the difference between what the home sold for, and the amount you owe on the loan. They will try to find you to accomplish service. If they don't find you, they will serve by publication in a local MO paper, and then take a default judgment in the amount owed when you do not appear at the hearing.

Originally Posted by ataloss

What is the name of your state? MO
I have a 1999 manufactured home in a mobile home park. I am living with my mother and can no longer afford my mortgage or lot rent or property taxes. I owe more on the home than I can possibly get selling and no one will try to sell it for that reason. I no longer live in MO and need to find out my options for getting out from under this house. What happens if I stop paying the mortgage?

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[weenor]

Originally Posted by CALIF-LAWPRO45

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