Re: Divorced/Bankrupcy
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Posted by Why Chat (209.240.222.130) on July 21, 2002 at 14:07:13:
In Reply to: Divorced/Bankrupcy posted by Connie on July 21, 2002 at 12:15:20:
If the house had substantal equity,it IS possible the BK court could consider you mother as a "preferred" creditor in this situation,especially if there is not enough homestead exemption,but your mother should be getting legal advice from a qualified attorney who can protect her interests, not only on the subject of the house, but also any other debts that she may be left obligated for after his BK.
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