Legal Question in Bankruptcy in Georgia

My house was willed to me and my 16 year old son the will states that the house can not be sold or barrowed against untill my son is 35 I need to file bankrupey but I vwas told I can't or it want do any good because I own the house is there a way that I can file?


Asked on 1/30/12, 5:27 am

2 Answers from Attorneys
Scott Riddle Law Office of Scott B. Riddle, LLC

Whether you qualify, and the possible benefits and consequences, are not answers you get from providing a single fact about your situation. You need to see a bankruptcy lawyer who will review your entire financial situation.

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Answered on 1/30/12, 5:34 am
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Nothing in your post is sufficient to answer you. You need to sit down with a lawyer. To know if you can (or should) file, and what will or won't happen to the home, a lawyer will need a lot of detail including the value of the home, how much it is worth, your income, your expenses, your other bills and assets, and certain other details. All affect a filing. The wording of the will also is significant as it affects what actual ownership you do (or don't have).

You need to sit down with a lawyer and review these details to see what you can and should do.

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Answered on 1/30/12, 6:23 am


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