Legal Question in Wills and Trusts in California
My father has passed away, 1 month earlier I co-signed for his house loan. He has a trailer that he still owes 24k on. He's paid well over the original loan amount just in interest over the years he's had the trailer. When the trailer goes back to bank can the bank put a lean on the house (or me) since I'm the co-signer?
Asked on 8/22/13, 1:10 pm
1 Answer from Attorneys
Anthony Roach
Law Office of Anthony A. Roach
The bank probably already has a "lien" if your father signed a deed of trust at the time he obtained a loan. You had better check record title to find out if the property is encumbered.
Answered on 8/22/13, 5:53 pm
Related Questions & Answers
-
I need to find a lawyer that deals with living trust issues Asked 8/21/13, 9:23 am in United States California Probate, Trusts, Wills & Estates