Legal Question in Real Estate Law in California
My aunt had a car accident and asked for medical benefits in L.A. after spending all her money in medical bills, when she died my mom And I inherited the property, the state recovery department sent us a bill for her medical debt and we weren't residents in the country so we didn't had idea or money to pay the bill, they asked us to put a lien on the property and make monthly payments, that was 3 years ago the fed.interest rate was 7% at that time now is lower, can we negotiate it to be lower? and can they foreclose the property? (even though we've paid punctually every month the amount settled)
1 Answer from Attorneys
I would have to review the actual instrument that you refer to as the lien to give you a definitive answer. It would appear that the lien you refer to is a voluntary lien, and the terms of the voluntary lien control.