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My name is on my parents house and their bank accounts

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    My name is on my parents house and their bank accounts

    Should my name be removed? I am considering filing soon, but this has me really worried. Any info would be greatly appreciated.

    #2
    I would get it removed ASAP, and wait about 6 months before I filed.
    Filed: 11/20/2008
    341 meeting: 12/22/2008
    Discharged: 03/10/2009

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      #3
      No, you can't just remove your name. If your name is on the title for a house that has any possibility of any equity, doing so would constitute fraudulent conveyance of an asset! Don't do a thing until find a good lawyer and get some advice. There is a two year look back period into assets in our district.

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        #4
        Talk to a lawyer. In fact, make appointments with a few different ones for sound advice.

        In your shoes, I'd be worried too! How much debt do you have?

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          #5
          This won't be the popular answer but I'd get your name removed asap and get powers of attorneys set up and other vehicles. And don't file yet. Who's to say you didn't change your mind and decided to try to pay down. Do your research and plan accordingly!
          Filed Chapter 7 Pro-Se May 29, 2008
          341 July 1, 2008
          Discharged September 4, 2008
          Closed November 10, 2008 :-)

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