[WSBARP] Insolvent Estate

[Corey Brock]

I have an estate with one piece of real property that appears to have no
equity, client enters into purchase and sale, believing there was equity,
but the amounts from the secured creditors exceed the value of the
property.

Any thoughts as to reimbursing funeral expenses or costs of admin, or can
the secured creditor ultimately just foreclose outside of probate anyway.
Probate statute gives order of preference, but I believe the secured
creditor can foreclosure outside of probate.

Thanks


Corey F. Brock, Attorney
Brock Law Firm, P.S.
111 S. Post St.
Suite 2280
Spokane, WA  99201
509-622-4707 
Corey at brocklf.com

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