I have seen that before. Turned out that the original foreclosure had been rescinded due to a last-minute bankruptcy by the debtor. Neither the bankruptcy nor the recision was recorded (and never got recorded, for that matter), so there was no way an abstractor would ever know about it. But the movers and shakers got their letters of indemnity, so it's full speed ahead and damn the land records. Or torpedoes, if you think of yourself as a torpedo. I do.

--Bill G

to post a reply: login - or - register