Legal Question in Real Estate Law in Indiana

intent to defraud

During a tough time I sold my home which had 100,000 equity to my sister for what I owed on it in good faith when one year was up I would buy it back or sell it and she would allow me to keep the profit since it was my house and I made all the payments, well in one year I sold it and made 200,000 profit, she gave me 20,000 and kept the rest, I have written proof of the agreement as well as receipts and can not find an attorney to take this case, can you help me. I lived in a homestead state and could of filed bankruptcy and kept my home and equity but since she (my sister) was a business banker I trusted her and her advise not to do so and believed her when she said she was doing this to help me out of the kindness of her heart. She lives in Indiana and the property in question was in Florida, where I am a resident. I have been to several FL att's who say I need to get an Indiana attorney and all the Indiana attorney's are unfamilar with this type of a case. please help!


Asked on 10/30/07, 11:35 am

1 Answer from Attorneys
C. David DuMond Law Offices of David DuMond

Re: intent to defraud

If this happened to you in Florida, then you can sue your sister in a Florida court, even a federal district court since you say she cheated you out of $200,000. Make an appointment with an attorney experienced in real estate or business litigation. Call your county bar association for a referral. Take all your written evidence, with copies of other documents you have concerning the sale. Be prepared to disclose what counterclaims your sister may have had against you that could have been discharged in the disproportionate distribution from the sale. Good luck.

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Answered on 10/30/07, 2:07 pm


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