Re: two houses
Posted by Patrick McCue on August 31, 2005 at 18:18:18:In Reply to: Re: two houses posted by Wynee Bays on August 26, 2005 at 21:48:26:
Your mother-in-law and sister-in-law do have some options, however, they will need to take action quickly. As for your specific question on your mother-in-laws home, unless she pledged it as collateral on the other loan, I think it is safe even if the lender decides to seek a deficiency judgment against her after the sale and after the redemption period has expired.
Send me an e-mail or call me and I can give you a number of scenarios. As always after listening to the advice or offers of help from myself or anyone else, I advise that you seek the advice of a competent attorney.
Patrick McCue
734-459-1010
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Comments:: Your mother-in-law and sister-in-law do have some options, however, they will need to take action quickly. As for your specific question on your mother-in-laws home, unless she pledged it as collateral on the other loan, I think it is safe even if the lender decides to seek a deficiency judgment against her after the sale and after the redemption period has expired. : Send me an e-mail or call me and I can give you a number of scenarios. As always after listening to the advice or offers of help from myself or anyone else, I advise that you seek the advice of a competent attorney. : Patrick McCue : 734-459-1010 Optional Link URL : Link Title : Optional Image URL: