Legal Question in Real Estate Law in New York

I am hoping to make this one short and to the point. My aunt Dory is a real bad gambler and as a result of this addiction she was foreclosed on. She was so upset and went to stay with other family and get help with her addiction. She ended up owing the bank $ 29,000.00 that includes her late payments and the rest of the mortgage to pay the loan off. She had one judgment creditor for

$ 10,000.00. The rumor has it that the house sold for $ 70,000.00 according to the next door neighbor.

Now getting to my question: Does she have a right to the remainder of the monies? If so where to locate them and what is the process?

Any helpful information will help.

Thank you


Asked on 12/06/10, 7:59 pm

1 Answer from Attorneys
Thomas Sirianni The Law Office of Thomas A. Sirianni

Your situation may seem straightforward however, in order to give you a competent answer, give me a call on my cell phone so I can better understand your problem and give you the best solution. The phone consultation is absolutely free. My cell number is 516-314-1343.

Whatever your decisions are, I wish you the best of luck.

Tommy

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Answered on 12/16/10, 8:19 am


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