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Re: Why Chat, your thoughts on this....
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Posted by Why Chat (209.240.222.130) on August 02, 2002 at 15:44:48:
In Reply to: Why Chat, your thoughts on this.... posted by Barbara on August 01, 2002 at 23:42:41:
No, I meant there is a 10 year SOL for the judgment to remain on the books.I do not think you should even consider having your daughter "give" you the $$ to pay the balloon,you should make sure a good real estate lawyer handles it properly so that you never actually see, or have any control over the funds. In fact, it may be a good idea to see if you can have it done now, before the balloon is due, un;ess there is a prepayment penalty.
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