Legal Question in Real Estate Law in Indiana

can bank demand payoff if I die and have my house willed to persons in a living trust document state of Indiana


Asked on 7/06/13, 7:35 am

2 Answers from Attorneys
Jay Rigdon Rockhill Pinnick LLP

Assuming that you are talking about a mortgage secured by your house, than the bank can foreclose on the house to get their money if your estate does not pay off the loan.

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Answered on 7/08/13, 12:57 pm
Kenneth Wilk Rubino Ruman Crosmer & Polen

It depends on the terms and conditions of your loan documents.

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Answered on 7/09/13, 12:33 pm


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