If my mother wants to add me to the deed of the condo that she is purchasing, since I filed bankruptcy and have a foreclosure pending, will this jeopardize her investment?
Question Details: My mother is purchasing a townhome and paying cash. I have a mortgage discharged in bankruptcy 2 years ago and the foreclosure is still pending. Is it safe to add me to the deed and title?
I would likely wait to do so and truthfully, maybe Mom wants to seek help from an estate planner about placing the property in a Trust for your benefit or some other planing option. My concern is that if there is a deficiency judgement against you from the foreclosure they can attach assets to pay for it. Good luck.
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