Posted on: 10th Jan, 2014 12:40 am
Hello there... I need information. My mother in law's name is mentioned on the house and she may file bankruptcy in future. Will we lose our home?
Your mother-in-law will have to list the property as her asset. If the property is exempted in bankruptcy, then you will not lose it.
Welcome Hosey,
It will be better to get in touch with a bankruptcy attorney and take his opinion in this regard.
It will be better to get in touch with a bankruptcy attorney and take his opinion in this regard.
Yes, talk to your attorney about this matter. He will be able to provide a suitable solution to your problem.