<div dir="ltr">How about a Deed in Lieu of foreclosure to get the title transferred back to the bank?<div><br clear="all"><div><div dir="ltr" class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div dir="ltr"><div><span style="font-family:Arial,sans-serif;font-size:10pt">Ann Manley, Esq.</span></div><div><span style="font-family:Arial,sans-serif;font-size:10pt"></span><span style="font-family:Arial,sans-serif;font-size:10pt">The Manley Law Firm, P.S., Inc.</span></div><div><span style="font-family:Arial,sans-serif;font-size:10pt">PO Box 16324</span><br><span style="font-family:Arial,sans-serif;font-size:10pt"></span></div><div><span style="font-family:Arial,sans-serif;font-size:10pt"></span><span style="font-family:Arial,sans-serif;font-size:10pt">Seattle, WA 98116</span></div><div><span style="font-family:Arial,sans-serif;font-size:10pt"></span><span style="font-family:Arial,sans-serif;font-size:10pt"><a value="+12062923064">(206)292-3064</a> / <a value="+12062923914">(206)292-3914</a> fax</span></div><div><span style="font-family:Arial,sans-serif;font-size:10pt"><a href="http://www.manleyfirm.com" target="_blank">www.manleyfirm.com</a></span></div><p><b style="font-family:arial,sans-serif"><i><span style="font-size:10pt;font-family:Arial,sans-serif">The Manley Law Firm practice areas include Bankruptcy*, Estate Planning, Auto Accidents, Civil Litigation, Construction, Commercial and Contract Law, Personal injury, Small Business, Unemployment Claims, Wage Loss and Compensation claims</span></i></b><br></p><p><i><span style="font-family:Arial,sans-serif;font-size:8pt">* The Manley Law Firm is a Debt Relief Agency. We help people file for bankruptcy relief under the Bankruptcy Code.</span></i><i><span style="font-family:Arial,sans-serif;font-size:10pt"></span></i></p><p><b><span style="font-family:Arial,sans-serif;font-size:10pt">This email and any files transmitted with it are privileged, confidential, and intended solely to whom they are addressed. Any unauthorized use, copying, review or disclosure is prohibited. If you have received this communication in error, please immediately notify the sender.</span></b><span style="font-family:Arial,sans-serif;font-size:10pt"></span></p></div></div></div></div><br></div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Tue, Sep 19, 2023 at 3:46 PM Timothy Lehr <<a href="mailto:timothy@stileslaw.com">timothy@stileslaw.com</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-style:solid;border-left-color:rgb(204,204,204);padding-left:1ex"><div class="msg-4134877357498427743">
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<p class="MsoNormal">All,<u></u><u></u></p>
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<p class="MsoNormal">I had a client that was a veteran friend of the decedent and decided to take on his intestate probate after decedent passed. We’re now at a point where the only asset left in the estate is a piece of real estate. It’s a crappy lot with
a house that is condemned by the county. Mortgage owed is around $67k and the best offer in 8 months on the market is around $50k. It looks like the estate will end up insolvent.
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<p class="MsoNormal">What would the best next steps be for the PR? Let the bank foreclose and walk away? Request the court name the estate insolvent…? But then what liability does PR have the mortgage company? Just looking for a place to start to advise PR.
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<p class="MsoNormal">Thanks,<u></u><u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
<p class="MsoNormal"><b><span>Timothy C. Lehr<u></u><u></u></span></b></p>
<p class="MsoNormal"><span>Attorney & Partner<u></u><u></u></span></p>
<p class="MsoNormal"><span><u></u> <u></u></span></p>
<p class="MsoNormal"><img width="191" height="69" style="width: 1.9895in; height: 0.7187in;" id="m_-4134877357498427743Picture_x0020_1" src="cid:image003.jpg@01D9EB0F.9043F5B0"><span><u></u><u></u></span></p>
<p class="MsoNormal"><span><u></u> <u></u></span></p>
<p class="MsoNormal"><span>p: 360.855.0131<u></u><u></u></span></p>
<p class="MsoNormal"><span>e: <a href="mailto:timothy@stileslaw.com" target="_blank">
timothy@stileslaw.com</a><u></u><u></u></span></p>
<p class="MsoNormal"><span>w: <a href="http://www.stileslaw.com/" target="_blank">
www.stileslaw.com</a><u></u><u></u></span></p>
<p class="MsoNormal"><span><u></u> <u></u></span></p>
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