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|User Info||TX Foreclosure/Bankruptcy Advice; entered at 2010-10-15 22:45:13|
Registered: 2007-11-30 SoCal
I have a friend in TX that is in a bind. My first inclination was to tell her to just walk away from the house, however I am not all that familiar with TX real estate laws. Here is the info:|
She stupidly agreed to sign a mortgage note on a house for a former relative in law. She is the legal owner of the house and he agreed to pay all the expenses. BTW, he is a sleazy mortgage broker and it appears he knew he was screwing her from the get go.
Now the county is after her for unpaid property taxes. She has no money and she thinks that they can take her primary residence from her. I told her just to walk away as the house is underwater and it is not worth her credit to payoff everything.
In TX can they come after other personal assets in regards to unpaid property taxes on other properties? She is a single mom who is just too nice and was taken advantage of by a fraudster. Thanks for the help.