MIG portion of debtor or not???greenspun.com : LUSENET : Repossession : One Thread
How can I know (or find out) what portion of a shortfall debt is covered by the MIG. I keep seeing this issue, particularly in relation to 6/12 year, simple/contract debt issue and I'm getting confused!!! Thanks in advance Mark
-- mark (firstname.lastname@example.org), November 26, 2001
Your Lender should tell you, but they will resist under (false) claims of confidentiality. You need to know as this part is probably subject to the 6 year rule. The insurer will also have this info, but will not tell you until they are chasing you in their own right for the payout.
-- Too scared to say (email@example.com), November 26, 2001.