Legal Question in Real Estate Law in Arkansas

My parents filed bankruptcy that included their house. (They continued to live in home and make payments) After my father passed, my mom put me on warranty deed to the home. However, I was not added to the loan. I've been making the payments and reside in the home after my mother also passed. I never sought to add my name to the loan or refinance. If I let the home go, what, if any, are my financial obligations? I don't think the home is worth what is due on the remaining mortgage balance at this point, so selling for equity doesn't seem a viable option. Am I in any way responsible for any costs if the home went into foreclosure now due to my name being included on the deed?
Thank you.

Asked on 2/09/15, 2:44 am

R. J. Orintas, Sr. ORINTAS LAW FIRM

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0 attorneys agreed

More research is needed although their mortgage is "prominent"....

Answered on 5/27/15, 4:22 am

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