will I lose my money or home?
My son has filed bankruptcy and he is a cosigner on my checking account. Will I lose my money and my home? I am 72.
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Read More Answered By: Glenn Brown |
Re: will I lose my money or home? This is one of the many reasons I advise people not to put their children's name on their house or account.
Close the account. Open a new account without his name and put your money their.
If you need someone to do your banking have an attorney draft a power of attorney for that purpose.
If your sons name is not on your home it will not be involved in the bankruptcy.
Good luck to you. |
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