Legal Question in Real Estate Law in Indiana

What happens to a person who is still paying a mortgage to the bank on their home and it gets condemned due to unfit living conditions. Does the remaining amount go to Collections or does the bank just take ownership of the house?


Asked on 11/09/17, 1:50 pm

1 Answer from Attorneys

Kenneth Wilk Rubino Ruman Crosmer & Polen

Goes to collection.

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Answered on 11/10/17, 1:57 pm


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