Question:

There is someone doing irrevocable trust and dont pay mortgage no more it that true?

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There is someone doing irrevocable trust and dont pay mortgage no more it that true?

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3 ANSWERS


  1. If the mortgage is not paid, even if the house is put in an irrevocable trust, the mortgage company can and will foreclose and take back the house.  Sorry.


  2. Please clarify.

  3. Please restate the question and add more details.  I was in the Trust Department of a large Bank for 18 years so I should be able to help you.

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