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How can my mom save her house if she is sued

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Icon Mini Profile sc0ttie1055





Joined: 14 May 2008

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Post Posted: Wed May 14, 2008 11:55 am    Post subject: How can my mom save her house if she is sued
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MY 17 YEAR OLD BROTHER REAR ENDED SOMEONE IN HIS CAR THAT DID NOT HAVE INSURANCE AND OR REGISTRATION... MY MOM IS THE ONE WHO IS RESPONSIBLE FOR HIM... SHE DOES NOT OWN HER HOUSE OUT RIGHT... SHE IS MORE THAN LIKELY GOING TO BE SUED... EVEN THOUGH SHE STILL OWES ON HER HOUSE IS SHE ABLE TO USE A QUIT CLIAM TO SAVE HER HOUSE?
Icon Mini Profile JuanHdez
JuanHdez




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Location: San Diego, CA
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Post Posted: Wed May 14, 2008 12:18 pm    Post subject:
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This a great question and one that you should get an answer from aReal Estate Attorney. You should be able to find one that would give you some free advice.
Icon Mini Profile cliff3
cliff3
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Joined: 05 May 2008

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Post Posted: Wed May 14, 2008 3:54 pm    Post subject:
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Sounds like your brother is legal adult age which should leave your mom out of the picture. However, I'm not an attorney and like Juanhdez recommended I would speak with an attorney.
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Icon Mini Profile jheard
jheard
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Post Posted: Sat May 17, 2008 4:10 pm    Post subject:
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Parental liability is not universal, it depends on you state. If you mom is the owner of the car, however, she can be liable on that basis. If there is a lot of equity in the house, it may be good to put the house in an irrevocable trust. Also look into a homestead exemption. If you are sued, you should hire an attorney who can answer these questions for you.
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Disclaimer: This is not legal advice and I am not your lawyer. The information provided in this forum is for discussion purposes only, and is no substitute for an in-person consultation with an attorney who can analyze all of the facts and determine how your state and local laws may apply to your specific situation.
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