Spring Break at the Office

InnoVest Resource Management's

Foreclosure Forum

Home

Discussion Board

"Hands-On" Training

Title Holding Trust

Annual Reunion

Speaking Schedule

Store

Foreclosure Fundamentals

Code References

50 State Foreclosure Basics

Foreclosure Glossary

Foreclosure Statistics

70+ Yrs Interest Rates

Fillable Forms

Archived Articles

Dingbat Retirement Plan

Links

Contact / Map

About Us

Home

 

BBBOnLine Reliability Seal

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

No worries

Posted by Rick, the Probate Guy on April 14, 2009 at 5:22 PM

In Reply to: Re: death intestate when NOD filed a few months ago posted by Kristine-CA on April 14, 2009 at 5:01 PM

Kristine - I agree with all of your points. Melody keeps returning to the issue of her deceased cousin and his younger Brother's concern about liability for the debts.

If there is a way to turn this around (at least about the property) the younger Brother may wish to do something with the property, but certainly on a voluntary basis and only if he sees the merit and benefits of curing the loan and/or selling the property. There is NO probate issue that I can see here.

AS to the language as a "defendant," if the NOD was prepared by an attorney/foreclosure company that routinely handles cases outside of Calif., they may have inadvertently identified the trustor as the defendant, as they may do in some judicial foreclosure states where it's a two party process. That's my best guess.

See you Saturday.


Follow Ups:


Post a Followup:

Name    : 
E-Mail  : 
Subject : 
Comments:


[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]

WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-date("Y"), InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455