bank wouldnt allow heirs of estate to pay total amount due to bring loan current before filing foreclosure. or speak to us about home. then the bank dropped party of estate in final summary judgement. so who is the bank foreclosing on?
1 Answer from Attorneys
The heirs of the deceased is/are not the estate of the deceased. You are correct - the bank will not let the heirs bring the loan current or talk to you about the foreclosure. Sounds to me like the bank is foreclosing on whomever it believes holds any legal interest in the property. However, the foreclosure does not mean that anyone owes any money. A foreclosure simply extinguishes the legal interest of anyone who might have a legal interest in the property.