Legal Question in Real Estate Law in Illinois
real estate law.
What are my options when I have a bank note for 80 acres of land with two other people and they did not make their payment.Our three names are on the deed at the courthouse. If I payed their part or payed off the note, would a judge make them pay me back when it is partitioned up. what can I do, as one person can afford to pay and the other is about to go to prison in April.I do not have any contact with these two people.
Asked on 1/23/07, 5:04 pm
2 Answers from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Re: real estate law.
From the limited facts you provide, your only option is likely a partition suit.
Answered on 1/24/07, 10:04 am
George Zuganelis
Zuganelis & Zuganelis, Attorneys at Law, P.C.
Re: real estate law.
File a partition suit now. Please call for a free consultation.
Answered on 1/24/07, 10:16 am