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Someone else's debt

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Sanch43

Member
What is the name of your state?Colorado When someone buys a property. Does it give the right to the new owner to collect on the debt owed to previous owners. And if it is what should they provide to show cause
 


LdiJ

Senior Member
What is the name of your state?Colorado When someone buys a property. Does it give the right to the new owner to collect on the debt owed to previous owners. And if it is what should they provide to show cause
Without context, that question is almost impossible to answer.
 

quincy

Senior Member
What is the name of your state?Colorado When someone buys a property. Does it give the right to the new owner to collect on the debt owed to previous owners. And if it is what should they provide to show cause
Whether the new owner can collect on a debt owed the previous owner depends on the terms of the purchase agreement.
 

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