SMARTFINANCESOLUTIONS.NET - Can I lose my house if the one who deeded it files bankruptcy?

Cristinaguytonyty 2013-11-18

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Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Can I lose my house if the one who deeded it files bankruptcy? - Almost two years ago, my husband and I were given a house by my uncle. This is the house I grew up in and it was supposed to be left to me my by grandmother in her will, but the will is nowhere to be found. Six months after we were given the house we took out a mortgage against it for home repairs as it had not been lived in since my grandmother passed away about ten years ago. My uncle is about 100,000 in credit card debt and has recently decided to file bankruptcy, he says the courts go back 2 years and anything that was transferred or sold will be taken or needs to be accounted for. We owe about 80% of the houses value to our lender. Is it reasonable to think that when he does his bankruptcy, they will want this house right out from under us? -

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