You probably have more options than you are aware of, one of them being collecting rent. There is no need to mention partner’s name to the bank. But you should really get more information from an attorney that handles foreclosure cases. Good Luck
It is difficult to give you an answer without looking at the documents. I would suggest you look at this in the most practical way possible: compare the cost of a lawsuit (i.e. court cost, attorneys fee, time away from work, etc.) vs a possible settlement. I do not know if the owner will ever actually sue you. He might not want to spend the money, or he might be afraid that he would collect anything if your company files a bankruptcy. Either way, think this though and be prepared. Good luck.
Have your uncle hire an attorney asap. Not only should the fraud charges be dealt with (you don’t want a default judgment against hi), but he will need a court order if he wants to remove her from the deed. Good Luck
Generally on owner of a property (owner of record – see the deed) can evict a non-owner (tenant). Even is not rent was ever paid, the owner can evict the tenant (usually a 30-day notice is needs to be served first). I suggest your mom sees an attorney that practices real estate law in the area where the property is located. Good Luck.
The first step would be to find out if you are an account holder, or just an authorize user. If you are responsible for the account, my experience is that for $9k+ the bank will sue you, unless a settlement is reached. Good Luck.
I agree. You signing the lease over does not change you contractual obligations with the landlord. Practically, if your roommate keeps paying under the lease, there should be no problem, but legally you are accountable for the money due under the lease. Lastly, I don’t know why an attorney would threaten you with sending a file to collection. Usually, it is the attorney that would take the matter to court, not send it out to a collection company that has no power to do anything. You might...