Madison, MS
Litigation Lawyer at Madison, MS
Practice Areas: Litigation, Business ... +3 more
Read Mississippi statute 85-7-251 and compare it to your situation.
You are seeing this correctly. The Bank decided you were entitled to the money and gave it to you. If the Bank now takes a different position, the...
No, he cannot go to jail for failure to repay a loan or pay any other debt. His best solution is to work with the lender and get a payment plan.
If your children are on the deed and are record owners, you will have to get them to re-convey the property. You cannot simply take it back.
If he will not fix the problem or honor a warranty, it appears a lawsuit is your only option. In considering that, you need to take into account...
Here is your answer: https://www.craigpanterlaw.com/2016/11/22/legal-rate-of-interest/
Your best remedy is a lawsuit for replevin.
The quitclaim deed will be binding on the heirs.
Based on those facts, it appears that the statute of limitation may bar this claim. Speak to a lawyer to go into greater detail.
You will get a far better answer from your current attorney, who knows all the details.
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