Posted on: 07th Apr, 2008 07:07 am
My father owns two houses. One he lives in and one we gave him the deposit for and we live in. We were paying him the mortage and he was paying the bank. Subsequently my mother got sick and he had no choice, but to pay her medical bills.Now he is on the verge of bankrupycy. My name is no on the house. Can he quit claim it to us? We live in Florida.
hi dong.
welcome to the forum.
i thibk you can refinance the mortgage on your name only and be able to pay the monthly payments of the mortgage then your father can quitclaim the property to you and your father also need not to file bankruptcy.
feel free to ask if you have any further questions.
best of luck,
larry.
welcome to the forum.
i thibk you can refinance the mortgage on your name only and be able to pay the monthly payments of the mortgage then your father can quitclaim the property to you and your father also need not to file bankruptcy.
feel free to ask if you have any further questions.
best of luck,
larry.