Legal Question in Real Estate Law in Illinois
In 2007 I bought a 2nd deeded property when my father passed. I received a letter from that the Cemetery is filing bankruptcy. What do I need to do to make sure the money I paid is returned or that I still own the property once they finish with their bankruptcy.
Asked on 9/28/09, 10:53 am
1 Answer from Attorneys
Adam S. Tracy
Securities Compliance Group Ltd
What cemetery is it? I can look up the case online and let you know exactly. Initially, you need to file a proof of claim with the court. Next, you should investigate whether there was been any incidence of fraud on the cemetery's part. This fraud can serve as the basis for a complaint in bankruptcy to preserve your rights as a creditor. Feel free to contact me via email for further discussion: [email protected]
Answered on 10/06/09, 11:17 pm