Legal Question in Family Law in Illinois
My father is currently going through a divorce. The house that he has was bought under my uncle's name due to my father's credit being affected by foreclosure from a previous home. My question is if the house is sold his would my father have to split the money from the sale even thougt the house is under my uncle's name?
Asked on 4/21/16, 9:46 am
1 Answer from Attorneys
Elfreda Dockery
Law Office of Elfreda Dockery
Whose name is on the Deed? If it is your uncle's name, your uncle owns the real estate. Should your uncle decide to sell the real estate, the proceeds of the sale belong to him.
Answered on 4/21/16, 3:55 pm