I received a home in my divorce settlement but it has back property taxes ($30,000)
I would like to keep the home for me and my children but I can't afford to pay this tax bill.
|
Read More Answered By: Carl Starrett |
You really don't have much choice. If you don't pay the property taxes, 1 of 2 things may happen. First, the County Assessor's office can auction off your property if the taxes become delinquent for 5 years. Property taxes are superior even to a first mortgage. The other and more likely possibility is that your mortgage company will pay the taxes, add them to your mortgage and possibly declare you mortage to be in default because of this.
You should do 2 things. First, talk to your divorce attorney to see if your ex spouse can be made to bring the property current. You may have some other remedy in family court too. Second, talk to a local bankruptcy attorney to see if you have use Chapter 13 to create a repayment plan for the taxes. |
San Francisco, CA
Questions Answered: 6348
Last Question Aswered on: 2012-05-26
San Clemente, CA
Questions Answered: 2089
Last Question Aswered on: 2012-05-07
El Cajon, CA
Questions Answered: 1888
Last Question Aswered on: 2012-05-09
Ontario, CA
Questions Answered: 1584
Last Question Aswered on: 2010-12-04
Las Vegas, NV
Questions Answered: 1456
Last Question Aswered on: 2012-05-25
San Diego, CA
Questions Answered: 1032
Last Question Aswered on: 2012-05-25
Los Angeles, CA
Questions Answered: 899
Last Question Aswered on: 2010-09-30
Moreno Valley, CA
Questions Answered: 823
Last Question Aswered on: 2012-04-12
Studio City, CA
Questions Answered: 804
Last Question Aswered on: 2012-01-17
San Diego And Los Angeles, CA
Questions Answered: 593
Last Question Aswered on: 2012-05-23
► I am trying to eliminate 2nd mortgage 97k, if i were to file ch 13 am i obligated to...
► All of the debt is in my name, if I file Chapter 7, can the creditors still come...
► I am legally seperated and am wondering if I am financially responsible for anything...
► What form do I use to respond to a motion to dismiss petition? I filed a petition...
► My company is going to file bankruptcy and restructure the company. Looks like they...
► If we live on our boat can it be taken from us in a chapter 7? or 13?
► I filed a chapter 7 bk in June 09 and have had some delays gathering the paperwork...
More Bankruptcy Law questions and answers in California| Bill of Sale | Living Will |
| Contracts | Notices |
| Divorce | Power of Attorney |
| Employment | Quitclaim Deeds |
| Landlord & Tenant | Real Estate |
| Leases & Rentals | Sales and Purchases |
| Letters | Wills |
| Living Trusts | More... |
© WebsiteBroker, Inc.
LawGuru.com | Advertise on LawGuru | Affiliate Program | Privacy | About Us | Press
