What are you looking for? 

Will I lose my house?

Author Message
Icon Mini Profile wheelersadie



Joined: 27 Jul 2008

Posts: 2



2.00 Dollars($)

PostPosted: Sun Jul 27, 2008 5:47 pm    Post subject: Will I lose my house?

I have a home that my brother quit claimed in my name two years ago. He is going to declare bankruptcy and I am wondering if the creditors will come after my house?
 
image
Icon Mini Profile Niicss
Niicss


Joined: 03 Oct 2005

Posts: 1245
Location: New Jersey


186.06 Dollars($)

PostPosted: Mon Jul 28, 2008 2:03 am    Post subject:

Welcome wheelersadie.

Is your brother going to file chapter13 or chapter7? If your brother files chapter13 then he will be paying the debt through a repayment plan. By the way, is this a mortgaged property? if this is a mortgaged property then who is on the mortgage.... you or your brother?

_________________
Good is the Enemy of Great.
 
image
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool
Mortgage Planner
Simple Budgeting Tool


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit Live Help

Explore the lender near you

Google Map Image

MF Talk

 
About Us  | Contact Us  | Our Blog  | Privacy Policy  | Testimonials  | Website Tools  | RSS Feeds  | Site Map 
We have chosen to apply the Creative Commons Attribution License to all works we publish.
This work is licensed under cc by 2.0