By Admin on Dec 3, 2008 in Law & Legal
Beijing China Girl asked:
if credit card debt over 40000 and person are 79 year old and now in the nursing home cannot walk and mot doing well’But she still own the house under the reverse mortgages.
Can the collector ‘s lawyer suit for the house?
the person live in FL
Content
if credit card debt over 40000 and person are 79 year old and now in the nursing home cannot walk and mot doing well’But she still own the house under the reverse mortgages.
Can the collector ‘s lawyer suit for the house?
the person live in FL
Content
Most likely they will sue the person get a judgment and attach a lien to the house, but the reverse would have first bite at the apple then if anything is left over from the note the lien gets paid
goz1111 | Dec 4, 2008 | Reply