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Well, this isnt exactly long term. They mentioned the lender went out of business, but someone picked up their assets. Another servicer would still have a lien on the property since the foreclosure hadnt gone through. They will eventually either take possession of the home regardless of what he has filed. Honestly, after that news story Id bet sooner rather than later. You just have to remember that rights to living somewhere are different from actual ownership. He's just hoping they dont notice it for a while.
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