propery sale/ bankruptcy
December 24th, 2009 by Questions
my sister sold a modest 1/4 undivided interest in an inhereited vacation property 9 months ago and due to medical and other reasons has no funds left and is unable to meet her payment of $1200 per month on loans and credit cards and may have to declare bankruptcy… . She doesnt understand this as she had a stroke a few years ago and doesnt understand some things.
Can she or does the property sale nullify that? A person i know said that has something to do with a preferred fraud? What can you advise me re this?
Posted from: British Columbia