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Foreclosure and bank accounts.

September 02, 2018 10:36AM
Hello,

I have a unique situation.. So my parents owned a home where they roughly owed $50K. My dad had a bad stroke and they stopped paying it and it went into foreclosure... My parents have no assets here in the USA. The foreclosure went down in 2011-2012. Needless to say, my parents both have bad credit.

My father has property in another country that we are trying to sell. Long story short.... How do I know if it is possible that if we sell the property that the money can be deposited into a bank account in his name here? He has a bank account here with my mom on it where only his social security goes (he is 77). Once a month my mom withdraws it. Other thank that activity, there is no other activity. He has an account in the other country that the money can be deposite to but I am just wondering how to find out if anything is up with his accounts here. They dont seem to be frozen.

Any help is much appreciated. Thanks!
Subject Author Views Posted

Foreclosure and bank accounts.

IfAllGoesWrong 42 September 02, 2018 10:36AM

Re: Foreclosure and bank accounts.

Workout Guy 34 September 02, 2018 11:17AM

Re: Foreclosure and bank accounts.

IfAllGoesWrong 31 September 02, 2018 01:23PM



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