My Dad Died Without a Will and His Mortgage Wasn't Paid - Why Am I Being Sued?
When a mortgage payment isn't paid after the borrower's death, the lender will typically communicate with the borrower's estate or surviving relatives to address the unpaid debt. If no resolution is reached, the lender may initiate foreclosure proceedings, leading to the sale of the property at a public auction. The proceeds from the sale are used to pay off the outstanding mortgage debt, and any remaining funds may be returned to the borrower's estate or heirs. Surviving occupants may be evicted once the property is sold. It is important for family members to communicate with the lender and seek legal advice to understand their rights and explore potential solutions.
