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Bank wants to foreclose on Groves property

SOUTHEAST TEXAS RECORD

Sunday, November 24, 2024

Bank wants to foreclose on Groves property

Foreclosure keys

A bank is seeking to foreclose a Groves property.

Deutsche Bank National Trust Company, as indenture trustee, on behalf of the holders of the Accredited Mortgage Loan Trust 2005-1, Asset-Backed Notes, applied for an expedited order Nov. 7 in Jefferson County District Court against Robert Gaspard and Kimberly Gaspard.

According to the complaint, the bank seeks to foreclosure a home equity lien on the respondents' property on Hogaboom Road in Groves after eight payments have not been made. The complaint states more than $11,000 is required to cure the default, and more than $61,000 is required to pay off the lien.

The bank is represented by attorneys Kirk Schwartz and Timothy Swanson of Houston.

Jefferson County District Court case number: B-196378

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