[WSBAPT] Probate Creditor Worldmark Timeshare
Ronald Hendry
hrl6 at qwestoffice.net
Mon Jul 27 13:37:38 PDT 2015
The creditor can foreclose the deed of trust, but can take no further
collection steps.
From: wsbapt-bounces at lists.wsbarppt.com
[mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Jared E. Adams
Sent: Monday, July 27, 2015 12:22 PM
To: wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] Probate Creditor Worldmark Timeshare
Hello All,
I am representing a probate estate with a Wordmark timeshare interest.
Decedent was a single person, and the PR is one of the kids.
PR was told by Worldmark at the beginning of the probate to do nothing and
the timeshare interest would simply go away. To be safe, I mailed a
creditor notice to Worldmark and later a notice to Pinnacle Recovery (the
collection agency that is now involved). Neither the timeshare nor the
collection agency filed a creditor's claim.
My client is now receiving harsh letters from Pinnacle Recovery, even though
I wrote them to inform them that the time for creditor's claims has expired.
I was under the impression the interest was merely a membership interest,
but the most recent letter from Pinnacle was a deed in lieu of foreclosure
offer.
My question is, what's the worst thing that can happen if my client
continues to ignore the collection agency? I am sure others have dealt with
this, and I'd love to get the wisdom of the group.
Thanks in advance!
Jared
Jared E. Adams, JD, LL.M.
Condie & Adams, PLLC
611 4th Avenue, Suite A
Kirkland, WA 98033
(voice): (425) 450-1040
(fax): (425) 450-1041
(email): <mailto:jared at condieadams.com> jared at condieadams.com
(web): <http://www.condieadams.com/> www.condieadams.com
Unless otherwise expressly indicated, any federal tax advice contained in
this communication, including attachments and enclosures, is not intended or
written to be used, and may not be used, for the purpose of (i) avoiding
tax-related penalties under the Internal Revenue Code or (ii) promoting,
marketing or recommending to another party any tax-related matters addressed
herein.
PLEASE READ THIS ENTIRE DISCLAIMER
This message is from the Law Office of CONDIE & ADAMS, PLLC, and is intended
only for the addressee. The information contained in this message is
privileged, confidential, and protected by the attorney-client or attorney
work product privileges. Unauthorized forwarding, printing, copying,
distribution, disclosure or use of such information is strictly prohibited.
If you are not the addressee, please promptly delete this message and notify
the sender of the delivery error by return e-mail or you may call our office
at (425) 450-1040. Nothing in this message should be interpreted as a
digital or electronic signature that can be used to authenticate a contract
or other legal document.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.fsr.com/pipermail/wsbapt/attachments/20150727/3c126f59/attachment.html>
More information about the WSBAPT
mailing list