Posted on: 15th Dec, 2009 07:43 pm
my mother filed bankruptcy an when i refinianced assumed my mother was taken off deed to my home iam on the loan only she did not list it but since her name some how wasnt removed can they take my home when iam only on loan davida rivera
As your mother's name is on the property deed, she will be considered as one of the owners of the property. Thus, she will have to list the property in the bankruptcy filing. The trustee can sell off the property depending upon her situation and pay off the dues of her creditor. I don't think the trustee has done anything wrong. However, as you are one of the owners of the property, you will receive your share of money after the property sale is complete.