whit432003 asked:

My mom loaned me money to fix up my home. $40.000. That is all I owe on the home. She filed a mortgage on my property but now my creditors want to sell my home and pay them. If my mom has a mortgage on the property shouldn’t she get paid before GMAC or the bank? And if I have no equity in the house other then $40.000 can anyone take my home in the bankruptcy?

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Author:
Admin
Time:
Saturday, December 19th, 2009 at 5:53 am
Category:
Personal Finance
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