Legal Question in Wills and Trusts in Ohio
mother died 3 mos. ago--no will-numerous bills-2 liens on house-house in bad disrepair--daughters can't pay--can we just walk away or how do we settle this?
Asked on 3/02/16, 4:35 pm
1 Answer from Attorneys
Christine Socrates
Meyers, Roman, Friedberg & Lewis
Sorry for the loss of your mother. What you can do depends on whether there are other assets in the estate. If a probate estate is required, you may file for an insolvency. If there are no other assets, you may be able to simply negotiate with the bank or banks to take house in lieu of foreclosure. It would be best to discuss with a probate attorney to properly evaluate the facts of your case and advise you properly. I would be happy to assist you if you would like. You can contact me office at your convenience.
Answered on 3/03/16, 10:06 am