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-   -   I have a question regarding a home equity loan left from my deceased mother (https://www.askmehelpdesk.com/showthread.php?t=689716)

  • Aug 2, 2012, 07:26 AM
    Lacyside
    I have a question regarding a home equity loan left from my deceased mother
    My mother left me a home. Are attorney told me to just keep paying the loan after her death almost 3 years ago. I recently received a phone call from the bank telling me that I must change over the name. Her death was announced in the paper to all creditors they never responded. Am I responsible for this loan?
  • Aug 2, 2012, 07:31 AM
    LisaB4657
    You are not personally responsible for paying the loan but if the loan does not get paid back then the lender can foreclose on the property.
  • Aug 2, 2012, 08:15 AM
    AK lawyer
    Quote:

    Originally Posted by Lacyside View Post
    My mother left me a home. Are attorney told me to just keep paying the loan after her death almost 3 years ago. I recently recieved a phone call from the bank telling me that I must change over the name. Her death was annouced in the paper to all creditors they never responded. Am I responsible for this loan?

    The attorney didn't give you complete advice, evidently. In order for you to get title to the home, a probate case needs to be filed. Was such a case filed? Is that the reason for the announcement in the paper?

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