Legal Question in Bankruptcy in Florida
My mother owes her bank / mortgage company in Naples FL. $950K - $700 of it is a interest only mortgage. Another $250 is a secured line of credit. She has $253K in he bank.
The bank has frozen her account and is telling her that they will be taking the $250K Feb 15th.
What should she do - is bancruptcy an option - can she stop them from taking the $250K?
Asked on 1/01/11, 5:24 pm
1 Answer from Attorneys
Related Questions & Answers
-
My son lost job in FL. He has moved to DE and found a job. His wife and children... Asked 12/31/10, 12:37 pm in United States Florida Bankruptcy Law
-
Can the city of oldsmar,fl charge me for water and sewer when nothing has been used... Asked 12/30/10, 12:11 pm in United States Florida Bankruptcy Law
-
BANKRUPTCY QUESTION: I am 12+ months delinquent on my mortgage payments. I have ZERO... Asked 12/30/10, 12:02 am in United States Florida Bankruptcy Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
