What is the name of your state (only U.S. law)? North Carolina
My mother passed away on June 19, 2008. She had a loan with the USDA and had subsidized payments on the loan. She had a will that stated her property and assets were to be divided equally among her 3 children. The children have been to the local USDA office and are getting no where.
They are saying that if the house goes into foreclosure then the 3 children will get a 1099 for the value of the house.
Just because it is stated that her things were to be divided equally, how can the 3 childen be held resposible for that debt if they have not signed any paperwork for the loan or any other paperwork associated with the house?
HELP!!!!!
My mother passed away on June 19, 2008. She had a loan with the USDA and had subsidized payments on the loan. She had a will that stated her property and assets were to be divided equally among her 3 children. The children have been to the local USDA office and are getting no where.
They are saying that if the house goes into foreclosure then the 3 children will get a 1099 for the value of the house.
Just because it is stated that her things were to be divided equally, how can the 3 childen be held resposible for that debt if they have not signed any paperwork for the loan or any other paperwork associated with the house?
HELP!!!!!