Posted on: 08th Oct, 2008 01:15 pm
Stepfather died last year and mom has not been able to keep up with the financials, i.e, mortgage, upkeep, etc. on the home in Florida. The house in now in foreclosure. Can she walk away from it without it catching up with her later? What should she do?
Is your Mother's name on the loan and/or title? If the answer is no, then she probably doesn't have any personal responsiblility...but that doesn't mean that the mtg company wont come after his estate.