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EdJones95 EdJones95
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6 years ago
April 1, 2014 - O signs construction mortgage for construction of his home; Bank records construction mortgage August 15, 2014 - O signs permanent mortgage for purchase of newlybuilt home that covers home and all afteracquired property/fixtures; Bank records mortgage October 15, 2014 - Sears allows O to purchase on credit a new hot water heater October 20, 2014 - O installs hot water heater October 22, 2014 - Sears files financing statement January 2, 2015 - O defaults on mortgage payment February 2, 2015 - O declares bankruptcy Discuss who will have priority in bankruptcy.
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ktrobekktrobek
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6 years ago
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EdJones95 Author
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6 years ago
Good timing, thanks!
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Yesterday
Brilliant
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2 hours ago
You make an excellent tutor!
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