I have cancer and filed bankruptcy 2 years ago. Recently my husbands mother passed away. She did not leave a will, and his sister and himself are the only living relatives eligible to receive the house. She was on Farmers home loan, so we have to pay 6 percent to even get the house under our name. My question is, that since we filed bankruptcy 2 years ago, can I sell the home that I am living in, and purchase his mothers home for the six percent that is owed? My sister inlaw also is in the process of filing bankruptcy... How does this work? What a mess! If we could get the home under all of our names, once we sold the house, we would like to set up payments to his sister. I am afraid if I sell my home, that maybe the hospital would try and take the equity I had in my home.... Any clue?
2006-07-12
15:33:18
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5 answers
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asked by
barbaradjt
5
in
Renting & Real Estate