Whatever the answer to your questions isâ€¦and, not being in Connecticut, I have no idea what the answer isâ€¦that answer will only be good for today. GMAC, or any lender, can change its policy at any time. Lenders could sell their notes to collectors at some time in the future and the collector could take action to collect on those debts. If you are the subject of such a judgment, I suggest that you seek legal advice from someone familiar with Connecticut law and Connecticut customs.
John Juarez, REALTOR
Windermere Properties of the East Bay