Can we receive money from my mother to purchase a house after we recently filed bankruptcy without repercussion?
We (my husband and I) filed Chapter 7 almost 3 months ago. We appeared in court last month. We are trying to find a foreclosure or HUD home to buy. My mother has the money to purchase a home as an investor but can she just give the funds us so we can buy as owner / occupants instead of having to wait for the investors window. Waiting on the investors window is taking away our chance of getting a decent house. Our bankruptcy lawyer says this is okay to do but we would like to get a second opinion to confirm that this is legal and risk free.