Posted by Rick, the Probate Guy on June 07, 2009 at 19:18:05:
In Reply to: Re: Deceased lender posted by John Merchant on June 07, 2009 at 08:51:49:
That's for clarifying what you and the other posters meant when using the initials S.O.L. (Statute of Limitations). I was inclined to interpret it otherwise (LOL).
Regarding your last point, there could be a few other scenarios that come to mind, including heirs who just don't pony up the dough to file probate or even a summary petition for the single, personal property asset (note secured by TD). Either way, it's exciting because sometimes things work out the "other" way. Thanks for your post!