by BBR Law | Aug 21, 2014 | Blog
In Indiana, parties generally have one year following a tax sale to redeem the property before the tax sale purchaser will take title to the property. Nevertheless, to redeem requires the redeemer to pay a premium of 10% plus interest to the tax sale purchaser,...
by BBR Law | Aug 20, 2014 | Blog
The Seventh Circuit Court of Appeals ruled in early 2014 that an Illinois tax sale purchaser was bound by the taxpayer’s Chapter 13 bankruptcy plan even though he was not listed as a creditor. The Illinois tax sale process is similar to that in Indiana in that...
by BBR Law | Feb 6, 2014 | Blog, Business Law
Most lenders who make real estate loans are well aware of the importance of obtaining a mortgage on any of the real estate that serves as collateral for the real estate loan. By properly recording a mortgage, the lender (mortgagee) has put the world on notice that it...
