Legal Question in Real Estate Law in Indiana

I made a written agreement with a family member to purchase the house they were living in and all signed and witness signed but when tried to get them to go before notary family member would not. Have been paying on loan since 2012 and recently learned that family member filed bankruptcy on said property. There has been a lot of bad feelings and words since family member wanted house back but did not tell me this and that is why they filed the bankruptcy. I want to know if I cannot get loan in my name and because of the bankruptcy can I still be held responsible if I decide I want to purchase a different property ?


Asked on 8/28/16, 6:23 am

1 Answer from Attorneys
Kenneth Wilk Rubino Ruman Crosmer & Polen

Your agreement may be nullified by the bankruptcy. This is not a situation which you can handle by yourself. You need the services of attorney to straighten things out for you, including representing your interests n the bankruptcy court. Property transactions are not a do it yourself project.

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Answered on 8/28/16, 7:37 am


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