What happens if a family member later changes their mind about the agreement on who gets the property or other assets? nc

What happens if a family member later changes their mind about the agreement on who gets the property or other assets? – North Carolina Short Answer In North Carolina, a family member can often change course unless the agreement was put into a proper, enforceable form (typically a written settlement, signed releases, and/or a filed…

If there is a deficiency judgment listed in the paperwork, does that mean any estate assets would have to go to that debt before heirs receive anything? nc

If there is a deficiency judgment listed in the paperwork, does that mean any estate assets would have to go to that debt before heirs receive anything? – North Carolina Short Answer Not automatically. In North Carolina, heirs generally receive estate property only after the estate’s valid expenses and creditor claims are handled in the…

Is it worth contacting the notary who notarized the alleged transfer, and what can a notary record show in a forgery dispute? nc

Is it worth contacting the notary who notarized the alleged transfer, and what can a notary record show in a forgery dispute? – North Carolina Short Answer Yes. In North Carolina, contacting the notary can be a practical early step because the notary may confirm what type of notarization was performed, who appeared, when and…

Can a secured creditor start foreclosure after someone dies, and how can the estate slow down or stop that while the court sorts out creditors? nc

Can a secured creditor start foreclosure after someone dies, and how can the estate slow down or stop that while the court sorts out creditors? – North Carolina Short Answer Yes. In North Carolina, a mortgage lender or deed-of-trust holder can generally move forward with foreclosure after the borrower dies because the lien stays attached…