Posted on: 15th Nov, 2010 02:55 pm
My mother just passed away last month. She had three mortgages. My oldest sister is the executor of the state. Can the banks legally come after her and destroy her credit and take her money to get the money left on the mortgage? Is there a way we can just leave everything and now have to worry about my mothers debt following us?
Hi timyyy!
Welcome to forums!
If your older sister's name is not mentioned on the mortgage docs, then the lender will not be able to come after her to recover the dues. However, either your mother's estate will have to pay off the dues or the lenders will sell off the property to recover their dues.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
If your older sister's name is not mentioned on the mortgage docs, then the lender will not be able to come after her to recover the dues. However, either your mother's estate will have to pay off the dues or the lenders will sell off the property to recover their dues.
Feel free to ask if you've further queries.
Sussane