Is my father's estate or myself responsible for paying off the HELOC on his house.
Yes. The HELOC is secured against an asset that is in the estate. You can't give the house equity to someone and simultaneously ignore the HELOC...
Smithtown, NY
Speeding and traffic ticket Lawyer at Smithtown, NY
Practice Areas: Speeding & Traffic Ticket, Bankruptcy & Debt ... +3 more
Yes. The HELOC is secured against an asset that is in the estate. You can't give the house equity to someone and simultaneously ignore the HELOC...
As a point of reference, I very recently had a case where there was a 5 point cell phone ticket AND a 3 point ticket for not yielding to an...
I have seen situations where a fraudulent transfer claim could become a problem. For example, the creditor argues $ went to the corp --- and they...
If you have debt issues, talk to a bankruptcy attorney BEFORE finalizing a divorce. There are debts that you CAN discharge before a divorce that...
If you have debt issues, talk to a bankruptcy attorney BEFORE heading into the divorce. There are debts that you CAN discharge before a divorce...
They offered that to lower your payments and then the balloon is to encourage you to refinance to take the lender out of the picture. The higher...
The writing of the name of a person who holds a negotiable instrument on the back of the document without specifically designating to whom the...
Wow!!!! There are many things wrong here. Performing unlicensed services under a fraudulent identity, invasion of privacy, creating a false sense...
She would not get guardianship just for the asking. She had to present reasoning why she should become guardian. You can certainly pursue the...
It sounds like what she did is fraud and a crime against property. The police could investigate and get the district attorney involved and demand...
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