Legal Question in Wills and Trusts in Florida
My mother recently passed and left me the only son all of her debt ($5,000 medical bills) and a mortgage she had with a wealthy friend as the mortgagee (loan holder) instead of a traditional bank. Anyway, over the past several years, she was getting money in various forms from this friend (the mortgagee), but I just found out that for one, she has never made a payment on the mortgage so interest has been accruing, and all the money and assistance given by this friend was added to the mortgage. So a $47,000 (appraisers valued) condo now has a mortgage of over $91,000 dollars!. I have never signed anything saying I would assume the mortgage after she died. Never signed any type of promissory note or anything of the type. The only thing saying I have any responsibility for this mortgage is in her last will and testament where I am the executor of the estate and it says I am to settle all of her debts and mortgage responsibilities. I did not sign her will, or any mortgage loan papers ...ever. I don't own any property myself. I live in a house with my wife that she bought prior to our marriage. I drive a 17 year old car and have little else. What, if any is my responsibility here? I cannot afford this in any way. If I walk away from this mortgage entirely can the mortgagee even come after me since I never signed any promissory note? Thanks.
2 Answers from Attorneys
Thank you for your interest in our law firm. In order to get started and/or answer your questions, we request that you call our office to schedule an initial consultation so that one of our attorneys can evaluate your legal concerns and provide meaningful advice. We offer in-office as well as telephone consultations. Please call the office at 904-823-3333 or 386-366-4848 to schedule your 1-hour consultation. There is a $150 fee for the 1-hour consultation. This is a reduced hourly rate for our attorneys. Personal injury cases are on a contingency fee and thus there is no consultation fee. If the $150 is something you are unsure about we can offer a free 15 minute consultation where no legal advice is given, but you get the opportunity to speak with one of our attorneys.
Please make sure to provide all documentation that may be relevant to your matter prior to your scheduled consultation. This will save time and legal fees and enable us to have a meaningful consultation. Oftentimes, prospective clients are able to leave our initial consultation with a game plan for addressing their legal concerns without any further fees.
Please call to schedule your initial consultation as soon as is practicable. Thank you again for contacting Jackson Law Group. We look forward to hearing from you.
You have no obligation to do anything.
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
