Posted on: 27th Oct, 2010 12:40 pm
My parents (still married after 38 years) & have had their house for 18 years now.
About 5 years ago, my mother signed over the deed to my father. She is still a co-borrower for the loan but no longer on the deed of trust for the house!
Unfortunately, my mother was caught up in some criminal charges that have ended in there being a possible judgement lien to be placed my mother's property.
Now,
My Question is: Can there be a judgement lien placed on my folks home becasue they are still married, even though my mother is not on the deed? &... CAN this case result in my folks losing their home?
If yes, then can my father, (currently on the deed), do quit claim to myself(daughter) or my sister, who are not involved with judgement at all?
Please reply with as much info as possible.
This is of the utmost importance to my family at this time.Thank You Kindly.
About 5 years ago, my mother signed over the deed to my father. She is still a co-borrower for the loan but no longer on the deed of trust for the house!
Unfortunately, my mother was caught up in some criminal charges that have ended in there being a possible judgement lien to be placed my mother's property.
Now,
My Question is: Can there be a judgement lien placed on my folks home becasue they are still married, even though my mother is not on the deed? &... CAN this case result in my folks losing their home?
If yes, then can my father, (currently on the deed), do quit claim to myself(daughter) or my sister, who are not involved with judgement at all?
Please reply with as much info as possible.
This is of the utmost importance to my family at this time.Thank You Kindly.
Hi wenschmidt,
As your mother's name is not mentioned on the property deed, a judgment lien cannot be placed on the property. Thus, your parents won't lose their home.
As your mother's name is not mentioned on the property deed, a judgment lien cannot be placed on the property. Thus, your parents won't lose their home.