| No, a person is resonsible as a parent and can be held responsible by the other party if they don't want to be. If it was that easy a father would just give up custody and not have to pay child support. So both parties have to agree for custody to be given up, since the other party is then giving up thier rights to child support also. So who ever this is, they are stuck being a parent unless the other party will agree
He moves out, the lender sends them several request for payment, they then send him notice of default in payment. The lender files to have the loan declared in default and to have the house taken back.
The house is sold, normally at auction.
Example, 100,000 house has a 80,000 loan, it is in defalut. It may sell back to the lender or to someone else for 40,000. Your friend will still owe the bank 40,000 plus foreclousure costs and auction costs, maybe 50,000.
They will then hunt him down and attempt to garnish his pay for the money.
This is alittle over simple, if you want a more detail let me know
Well alot about grandma you should have done when all this was going on. And grandma needed an attorney at the hearing or someone to be there and say why she can not be.
You can hire an attorney, petition the court for another hearing, if grandma is mentally ok that is. Or if she is not, petition the court to have another guardian, even a court appointed one to be placed over her.
Most likely all the money is gone and if your grandmother is declared compitent in another hearing, she can sue this other person, but if this other person has spent all the money and has nothing, there is little left to do. |