Re: Insurance death benefit - safe?
Posted by NJD on June 24, 2008 at 15:53:40:
In Reply to: Insurance death benefit - safe?
Posted by Cam on June 24, 2008 at 12:45:12: I'm not an attorney, and I'd think an attorney would be the one to review the mortgage, note, the insurance policy. and the laws of the state before answering your question.
I think your Mom, since she wasn't obligated on the loan, would have no obligation toward any deficiency resulting from foreclosure, or a preforeclosure short sale.
Who was the beneficiary of the death benefit?
Follow Ups:
- Re: Insurance death benefit - safe? - Cam 20:05:28 06/24/08
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