Legal Question in Real Estate Law in Illinois
We had to sell our home in Ohio by short sale. Chase accepted the price, and sent us a 1099 saying they had canceled the debt of $117,000. They are now having a firm calling us saying that they are trying to collect the $117,000. What should we do?
Asked on 7/23/10, 9:57 pm
1 Answer from Attorneys
Caroline Palmer
Law firm of Caroline Palmer
Dear Sir or Madam,
Because the property was located in Ohio, any legal issue you have in regard to the property is governed by Ohio law. It would inappropriate for any Illinois attorney to advise you on this matter unless they are also licensed to practice law in Ohio.
Answered on 7/24/10, 3:49 am