Legal Question in Real Estate Law in Massachusetts

my father inlaw has a house in lowell that the bank is forclosing on and a home in texas that he lives in what will happen when the bank forcloses will they try to take the home in texas does he need to file bankruptcy because of the forcloser


Asked on 8/18/09, 9:38 pm

1 Answer from Attorneys
Warren Wood Law Offices of Warren Wood

Does he wish to sell the Lowell house? Bankruptcy may afford him time to cure the Lowell foreclosue or complete a sale (with the approval of the Trustee in bankruptcy and the Court.)

During any bankruptcy proceeding, the mortgages on both properties must be paid. He should seek further consultation from a bankruptcy attorney in Massachusetts. Many attorneys provide free intial bankruptcy couselling.

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Answered on 8/23/09, 9:49 pm


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