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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] probate/ownership question? Posted by Deb S. on April 24, 2003 at 8:57 PM Hello everyone. First time I have been on this site. I have a siutation where the home owner has been deceased for 3 years. The daughter (though not legally adopted) has raised her since she was 8. The daughter has lived in the house on going basis since the father dies in 2000. The father left no will. The daughter has continued to pay the house payments up until 4 months ago when she lost her job. Now she wants to sell the house but has 2 half brothers both incarerated, that claims that if she has anything put in probate they will thro her out.Initially there appeared to be 80k equity. upon the second visit I find out that there is 108k in credit card debt and medical debt. With the fact that I have another 108k in debt and a payoff on the first of 65k, comps come in at 145k, if this goes thru probate will the medical and credit cards be wiped out or should I run from this as fast as I can. As I said initally there appeared to 80k in equity until the daughter showed me the additional debt. Sorry for long post. Thanks Deb S. Follow Ups: Re: probate/ownership question? Rick Harmon 8:54 AM, 04/25/03 (0) Re: probate/ownership question? Jorge 8:35 AM, 04/25/03 (0) Or wait for foreclosure? SeanW 7:01 AM, 04/25/03 (0) Sounds like a Mess SeanW 9:21 PM, 04/24/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Hello everyone. First time I have been on this site. I have a siutation where the home owner has been deceased for 3 years. The daughter (though not legally adopted) has raised her since she was 8. The daughter has lived in the house on going basis since the father dies in 2000. The father left no will. The daughter has continued to pay the house payments up until 4 months ago when she lost her job. Now she wants to sell the house but has 2 half brothers both incarerated, that claims that if she has anything put in probate they will thro her out.Initially there appeared to be 80k equity. upon the second visit I find out that there is 108k in credit card debt and medical debt. With the fact that I have another 108k in debt and a payoff on the first of 65k, comps come in at 145k, if this goes thru probate will the medical and credit cards be wiped out or should I run from this as fast as I can. As I said initally there appeared to 80k in equity until the daughter showed me the additional debt. Sorry for long post. Thanks Deb S. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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