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I WORK WITH SOMEONE WHOSE MOTHER IS NOW IN ASSISTED LIVING DUE TO ALZHEIMERS. HER MOTHER HAD A REVERSE MORTGAGE. THIS PERSON WITHDREW ALL THE REST OF THE MONEY FROM HER MOTHERS REVERSE MORTGAGE, (WHICH WAS APPROX $50K). SHE PAID OFF HER OWN HOME WITH THE REVERSE MORTGAGE MONEY AND HAS NO INTENTIONS ON TRYING TO SELL THE HOME. SHE SAID THE BANK CAN JUST REPO THE HOME. SHE IS GOING TO GET HER INHERTANCE ONE WAY OR ANOTHER. HER FATHER IS DESEASED. CAN SHE GET AWAY WITH
THIS?

livinginnky · Posted: Wed Aug 05, 2009 10:53 am Post subject:

Call an attorney!

gmakerley · Posted: Wed Aug 05, 2009 2:14 pm Post subject:

she ought not be able to get away with it - it's called stealing, after all. eric's right again.

livinginnky · Posted: Mon Aug 10, 2009 12:03 pm Post subject:

Thanks George,

I know I pull the "call an attorney" card often... but sometimes you just got too.

gmakerley · Posted: Mon Aug 10, 2009 12:05 pm Post subject:

i say it all too many times, too, eric. i think people have the opinion that lawyers make too much money. i'm just lying in wait for the guy who tries to tell me i make too much money. then i'll unleash all my ire.

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DAUGHTER TAKING REVERSE MORTGAGE MONEY TO PAY OFF OWN HOUSE