Legal Question in Real Estate Law in California
Effect on an estate
My mother in law, wife and I own property 2gether. She is dieing of cancer. My wife and I cant afford the mortgage and home owners assc. dues on the rental alone. My mother in law wants to know how would a foreclosure effect her estate b4 and after she dies? The rental property is in Florida
2 Answers from Attorneys
Re: Effect on an estate
That is a matter of Florida law.
Re: Effect on an estate
You would need to sit down with an attorney and provide lots of information such as your respective incomes, expenses, assets, and the status of the property in Florida. There are many ways to stop a foreclosure including Chapter 13 bankruptcy filing. In other words your situation is too complicated for email: hang up from the Internet and call an attorney.
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