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Maybe. If your parents are living in the house and you're not, you may be considered to have only an equitable interest, especially if there is not much equity in the house. If you live in the house with your parents, you may be enttiled to a homestead exemption, but this can be tricky. Talk to an experienced bankruptcy lawyer.
What else can I help you with?
Will my mother-in-law loose her house if my husband's name is on her deed and we file for bankruptsy?
Yes. That issue should be discussed with an attorney before filing a bankruptcy.
Will your wife have to pay if you file bankruptcy?
If her name is on a loan that you file bankruptcy on than she would then be responsible for that loan. Filing a bankruptcy only gets your name off the loan(s), you would both need to file together.
If I want to file bankruptcy but my car is in my aunt's name is there any way she can release it into my name and I file the car in with my bankruptcy?
must be yours for two years
Is it possible for the executrix of an estate to file corrupt bankruptcy for that deceased individual?
An executor cannot file for bankruptcy in the name of the decedent.
What should you do if you want to file bankrupty but your name is on your parents' property and you don't want to lose the property?
File a Chapter 13 Bankruptcy It allows you to keep the property and make payments you can afford.
Can your mom buy a house for you if you filed bankruptcy?
Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.
Can you file bankruptcy on credit cards that are not in your name but you are responsible for?
check Federal Bankruptcy act 801.3
How long after removing your name from a property deed can you file for bankruptcy in the state of Michigan i am concerned about mcl 56639 and mcl 6005813 mcl 6005855 is it 6 years or 1 year?
In Michigan, after removing your name from a property deed, there is generally a one-year period under MCL 600.5813 for filing a bankruptcy claim related to any debts incurred before the removal. However, MCL 566.39 addresses fraudulent conveyances, suggesting that if the transfer was made with the intent to defraud creditors, it may be scrutinized. Therefore, while you can file for bankruptcy within one year, legal advice is recommended to understand the implications of the deed removal in relation to your financial situation.
How do you change the name on a deed of property that has changed due to marriage?
The simplest thing to do is file a copy of the marriage certificate with the deed. Or you can do a quit claim deed with the new name.
Can you file bankruptcy if you have a private loan that's not in your name?
yes
What do you do if you lose the original deed to your house and other copy is in your dead parents name?
Obtain a copy from the office where land records are filed. If the deed was recorded you don't need the original. If you didn't record the deed then you have a big problem. If the record title is still in your deceased parents' names then you will need to file a probate petition to acquire legal title.
can i file bankruptcy without my husband in the state of idaho?
You can only file bankruptcy without a spouse in cases where the debt is yours only. For example, if you have a credit card that is in your name only then you can file without your husband.
