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Hello. I have purchased a condo in 2003 as an investment property and rented it out. In 2005 the board passed an amendment to prohibit renting, but I could continue to rent since my right was "grandfathered in".
In 20015 I put this property in a trust in my name and added my mother. Now...
The loan was for the business he was planning to buy. He did, but then year later he actually ended up in court with the seller, so from what I know he probably sold it for portion of the original price.
My sister was fully aware of the loan. They divorced a year after it was made.
If she hires an attorney, how does that work? What are the costs? I have never done it before, so I apologize for these basic questions.
Hello. My 79 year old mother has loaned $25K to her son in law (my sister's now ex-husband) almost 4 years ago. They both signed a promissory note (which was not notarized) the money will be returned within three years. Deadline passed last April, and he ignored several communication...
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