Legal Question in Credit and Debt Law in Washington

Mom worries if her debt will haunt children

Mrs Doe is in her late 50s. When her husband died she was left in financial difficulty. She has been told she has too much equity to declare bankruptcy. There is a judgement pending against her for the debt she owes.

She wants to put one of her children on the title of her house that she owns in order to get a home-improvement loan. Will the child whose name is on the title then be liable for the judgement against Mrs Doe by being on the title?


Asked on 8/26/04, 10:05 pm

1 Answer from Attorneys
Elizabeth Powell ELizabeth Powell PS Inc

Re: Mom worries if her debt will haunt children

In a word, yes.

It's not so much that the child assumes the liability as that the property becomes subject to a creditor's claim. Mrs. Doe needs to consult with bankruptcy counsel promptly.

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Answered on 8/27/04, 1:45 pm


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