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Asked in MO May 26, 2022 ,  0 answers

checking accounts

My mother in law went into a nursing home, two of the children are now P O Attorney. The bank was notified of this, and we are letting the home be foreclosed. Mother in law has an account there, which the bank closed account on without P O A knowledge. Is this legal?

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Anonymous
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Posted on / Sep. 18, 2007 17:11:00

Re: checking accounts

Is the mortgage loan balance in excess of the reasonable value of home? If not why not sell or re-fi?

WHen getting a POA, all accounts should be inventoried and creditor list prepared.Call or email for further assistance. I have experience in this complex area.

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