can a previous mortgage bank still sue you?

[valorman]

In year 2006 i got a mortgage from a mortgage company abc.I got default on the loan but then i came up with money and satisfied there late payment including there attorney costs .Then for few months I made all payments on time and my mortgage was current.Mortgage company abc sent me a letter that we have sold this loan to mortgage company xyz now you have to send payments to xyz.I made some payments to this company and the company xyz got bankrupt they file the bankruptcy.Things were financially very bad with me too so I didnt made any payments since last 5 months.

Today I receive a summon of foreclosure from company abc that they have filed law suit in the superior court for foreclosure.

can they still do that when the second company xyz is in bankruptcy?

unfortunately I have lost the letter from mortgage company abc stating that they have sold this account to company xyz.

Now what is my best defence of survival for me.My credit is already very bad due to these lawsuits. I have to file an answer to this summon

Please if you know how to handle this guide me .I have no proofs but may be a copy of statement from mortgage company xyz.

thanks

[swirlgirl]

You have to file an answer to the lawsuit regardless. You also want to make sure that the first mortgage company actually sold the loan. Sometimes a mortgage company will send you a letter saying that they changed servicing companies. This would be the company that actully handles the payment processing, while the original mortgage company still legally owns the loan. Could this be the case?

[valorman]

You have to file an answer to the lawsuit regardless. You also want to make sure that the first mortgage company actually sold the loan. Sometimes a mortgage company will send you a letter saying that they changed servicing companies. This would be the company that actully handles the payment processing, while the original mortgage company still legally owns the loan. Could this be the case?

I know the original company sold this loan because when they send me the letter of sale I call the company for payment and they said we don't have this file and the loan is sold to this company now you have to make payments to the other company.I dont know what was the agreement between these two mortgage companies. I can not afford a lawyer these days to file an answer for the lawsuit .So how do i answer this lawsuit?.