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Can creditors go after a paid-off car in probate if the house is being foreclosed on?
Wiki User
∙ 10y ago
Debtors can go after the assets of the estate. These assets will have to be liquidated to settle the debts.
Wiki User
∙ 10y ago
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Were being foreclosed on will the bank come after us if you take out the cupboards and vanities?
were being foreclosed on our home. will the credit union come after us if we take out the cupboards and vanities?
What are the disadvantages of buying a foreclosed property?
The only two disadvantages in buying a foreclosed property: #1. Tou have to put a mandatory 10% down. #2. The property may have some minor damages due to the prior owner being upset of being foreclosed upon.
If you are the son and executor of your parents' estate can the mortgage lender force the sale of the real property after finding out your parents are deceased being the original borrowers on note?
No! That's what a Probate is. Usually lawyers will do the leg work for Probate and this means they will be sure all titles are clear on homes(s) or properties. They also make sure all creditors are paid off and this includes property/personal taxes. mortgages and loans. Because of Probate the mortgage lender would be paid out of the Estate and the residue of that Estate would be left to the Heirs. Marcy
Missouri foreclosure move out time?
If you are being foreclosed on you likely have a lot of things on your mind. One of those things is to know how much time you have from the time you are foreclosed on until you need to be out. In Missouri that time is 80 days.
How many house payments can one miss before being foreclosed?
If it is not specified in the contract then it is likely at the descretion of the lender.
Were being foreclosed on will the bank come after us if you take out the cupboards and vanities?
were being foreclosed on our home. will the credit union come after us if we take out the cupboards and vanities?
What are the disadvantages of buying a foreclosed property?
The only two disadvantages in buying a foreclosed property: #1. Tou have to put a mandatory 10% down. #2. The property may have some minor damages due to the prior owner being upset of being foreclosed upon.
Can you buy a house for cash if your house is being foreclosed on?
Yes you can
What if a spouse tells probate you had no will when you know there is one and you told him you would hand it in but you lied?
Your Will doesn't get filed in probate until after your death. It is against the law to withhold a decedent's Will from being filed in probate.Your Will doesn't get filed in probate until after your death. It is against the law to withhold a decedent's Will from being filed in probate.Your Will doesn't get filed in probate until after your death. It is against the law to withhold a decedent's Will from being filed in probate.Your Will doesn't get filed in probate until after your death. It is against the law to withhold a decedent's Will from being filed in probate.
Is there a difference between a will being admitted to probate court and a will being probated for instance you went with your brother to probate court but it was decided not to probate it?
Clarification is required as to why the will was not admitted to Probate. Was this because of a dispute between you and your brother or because the estate was so small that the court deemed it unnecessary.AnswerThere is no difference between a "will being admitted to probate court" and a "will being probated". A will admitted to probate court is being probated.However, as stated above, the will in your case was not admitted to probate court and so is not being probated. We cannot know the reason without more details. Your brother may have found it didn't require probate if the decedent didn't own property or he may have been put off by the cost of the filing. You need to ask him.
Can a creditor ask for purchased product as collateral in chapter 7 bankruptcy?
Yes. I foreclosed on a home and bought another one cash before being discharged from bankruptcy. I was told by the attorney that creditors can ask the courts and the court will confiscate your purchased product and sell for whatever amount and that amount will be given to the creditor(s).
If you are the son and executor of your parents' estate can the mortgage lender force the sale of the real property after finding out your parents are deceased being the original borrowers on note?
No! That's what a Probate is. Usually lawyers will do the leg work for Probate and this means they will be sure all titles are clear on homes(s) or properties. They also make sure all creditors are paid off and this includes property/personal taxes. mortgages and loans. Because of Probate the mortgage lender would be paid out of the Estate and the residue of that Estate would be left to the Heirs. Marcy
If your mother dies and her spouse has preceeded her in death who is responsible for the debt that she has in the state of KY?
All assets and debts of the deceased are paid and distributed under the probate laws of the state. If the deceased left an estate that does not contain any nonexempt assets, the debts will become null and void. It is the responsibility of the executor or executrix of a deceased's estate to notify creditors to prevent litigation procedures from being implemented. Once notified that the deceased's estate has been entered into probate. creditors have a time specified by state law to file a claim. If the person died intestate, state probate succession law (sometimes referred to as Universal law) will apply. In this situation, the deceased's debts are not the responsibility of surviving family members, however no assets or property can be distributed to beneficiaries until all debts have been satisfied in accordance with state probate law.
Missouri foreclosure move out time?
If you are being foreclosed on you likely have a lot of things on your mind. One of those things is to know how much time you have from the time you are foreclosed on until you need to be out. In Missouri that time is 80 days.
Who invented ropeway?
D one who was being chased by creditors!
If a house is being foreclosed on but a divorce happened who does it effect?
If both names are still on the loan, it effects both people.
How many house payments can one miss before being foreclosed?
If it is not specified in the contract then it is likely at the descretion of the lender.
