Legal Question in Real Estate Law in Pennsylvania
real estate foreclosure
My elderly mother cosigned on a mortgage for my brother and his wife without my knowledge. I have power of attorney for her. Foreclosure proceedings have begun. What financial responsibilities does my mother have? Is there any way to protect her?
Asked on 6/25/07, 10:34 am
1 Answer from Attorneys
Miriam Jacobson
Retired from practice of law
Re: real estate foreclosure
Did your mother have mental capacity at the time when she co-signed the mortgage? if not, you should contact the attorney in the foreclosure proceedings to try to release her.
Otherwise, she is fully ["jointly and severally" is how it is probably stated in the mortgage] responsible for the balance owed.
Answered on 6/25/07, 11:58 am
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