[CLBS] Interesting Friday for real estate agents

[Aaron Tolson]

My clients took out 3 mortgages on a house worth about 300K to try and pay
a $700,000 medical bill, did Chapter 7 bankruptcy last year which
discharged normally, and they have been unable to afford to move.  A real
estate agent and his wife bought the house with my clients still their on a
foreclosure by the 2nd mortgage for 95K not knowing of the other mortgages,
then got notice that the 1st mortgage was foreclosing on a 47K note.  Real
estate agent and wife would like my client to help them step in and pay the
47K so they don't lose the 95K they put in by doing a payoff authorization
& release form.  Any risks you can think of to my debtors on that?
Especially without trustee authorization in an open case?
-- 
Aaron J. Tolson
2677 E. 17th St. #300
Ammon, ID. 83406
208-228-5221

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