Dealing with the legal aftermath of a loved one’s passing is undeniably challenging. Often times, the last thing a surviving family member expects to have to deal with is being sued by their loved one’s creditors. At Medearis Law Firm, PLLC, we understand the stress and confusion you may be facing if you find yourself being sued in connection with the foreclosure of a property owned by a relative. We help clients in this situation every day.
It might alleviate some of your concerns to know that, if you are being sued as an heir to the deceased in a foreclosure suit, the mortgage company, taxing authority, or other creditor is, most likely, not seeking personal liability against you for the debt. Rather, the lawsuit is primarily focused on your property interest as an heir, governed by the inheritance laws of the state of Texas.
It is not uncommon for these lawsuits to be initiated by various entities such as mortgage companies, taxing authorities, or homeowners associations, among others. While it is understandable to feel overwhelmed and uncertain about how to proceed, it is crucial to realize that taking no action in response to the lawsuit could potentially result in the loss of your inheritance.
At Medearis Law Firm, we want to ensure that you are well-informed and empowered to make the best decisions for your situation. In these foreclosure lawsuits, the legal action pursued against you is based on in rem jurisdiction. Put simply, this means that the lawsuit seeks to claim the property interest you have inherited, rather than seeking personal liability.
While it may seem tempting to ignore the lawsuit or assume that it will resolve itself, not taking any action can have unintended consequences, including the loss of valuable inheritance. Our experienced attorneys are here to guide you through the legal and personal hurdles involved in preventing the foreclosure of the inherited property.
Navigating the intricate web of probate and real estate laws can be daunting, but Medearis Law Firm has the expertise to assist you every step of the way. We have a wealth of experience in halting foreclosures and providing comprehensive support to clients in transferring and selling properties. We can likely help you regardless of whether there is a will.
Our goal is to help you preserve the equity available in the property, avoiding unnecessary losses through foreclosure. By taking proactive measures and seeking professional legal counsel, you can leverage the expertise of our attorneys to protect your interests and explore options for cashing in on the equity within the property. We can handle many cases on a contingency fee basis with no upfront cost to you. And we always provide a free initial consultation to assess you case.
Don’t let uncertainty or misinformation prevent you from protecting your inheritance and the equity within the property. Contact Medearis Law Firm today to schedule a consultation and discover how our expertise in probate and real estate can assist you in finding the best possible resolution to your foreclosure lawsuit.
Disclaimer: This blog article is intended for informational purposes only and does not constitute legal advice. Please consult with an attorney for personalized guidance tailored to your specific situation.
Medearis Law Firm, PLLC is a trusted legal resource providing comprehensive services in the areas of probate, estate planning, real estate, and business law. With a focus on personalized attention and exceptional client service, we are committed to helping individuals and families navigate complex legal matters with confidence and peace of mind.
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