leins & charge offs

[Joe Bass]

new york..........after a creditor charges off a revolving line of
credit loan, can the creditor also hold a lien on the home?shouldn't the creditor have tried to foreclose on the property
before charging off the loan?

 

[HomeGuru]

new york..........after a creditor charges off a revolving line of
credit loan, can the creditor also hold a lien on the home?
**A: yes.
**********
shouldn't the creditor have tried to foreclose on the property
before charging off the loan?

**A: yes.