Legal Question in Bankruptcy in Massachusetts
My kids home
I lost my Job but recently have found a new one. It took about 3 wks. We are now playing catch up. I am the second name on the morgage, can I take my name off and claim Bankruptcy and have them not take the house? I can't catch up. We were making by the skin of our teeth before, now it seem 3x worse. I work full time +, I need to find away to keep my kids home, thats all I want. Thanks for your time.
1 Answer from Attorneys
Re: My kids home
Your situation is just the kind for which Congress has enacted federal bankruptcy law.
With proper preparation, a co-signer on a home loan or mortgage can start a bankruptcy case and keep the home WITHOUT changing the title or the loan documents.
Please contact me to schedule an initial consultation at no charge, and we can discuss your options further.
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