Are You Responsible For Your Deceased Parents Debt. – When you parents pass on, there are a lot of emotions to contend with on top of the pressing financial issues of your parent’s estate, particularly if there is not a will. One of the chief concerns of many children is paying off payday loans or the debts incurred by a parent. Many people fear [.]
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Foreclosure of Property of Deceased | Legal Advice – Foreclosure of Property of Deceased Father. My father passed away in April 2005. He took out a mortgage on his house in 1998. The mortgage company has sent us a notice of forclosure and listed my sister and myself as defendents (heirs) of his estate.
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If you fail to make your mortgage payments each month, your bank or mortgage lender may take action to repossess your home.. After all, it’s not technically your home until you’ve paid the mortgage in full. Until that time, you AND the bank own the home.
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Child being sued over a deceased parent's foreclosure in. – Child being sued over a deceased parent’s foreclosure in Florida (self. for my mother who is in Florida and doesn’t have a clue what Reddit is. I know nothing about the law, but I’d like to do anything I can to help her out.. any attorney licensed to practice in that court, who has.
A 1982 federal law makes it easy for relatives inheriting a mortgaged home to assume its mortgage as well. For example, your deceased parent may have left you a mortgaged home.
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Responsible for deceased mother's mortgage loan – Responsible for deceased mother’s mortgage loan by: Debtcollectionanswers.com I am so sorry for your loss. I know that you are dealing with a lot right now. Hopefully, my advice will make your life a bit easier. Your mother’s mortgage must be paid or the bank will foreclose on the property eventually.