Hello,

My mother on chapter 13 and she wants out.She has a lot of equity in her home.But she's
Not sure what subprime lender to go with. I also wanted to know, Can I change her house deed in my name?









:confused: daughter

Are you saying she wants to borrow money against her home to pay off her chapter 13 debts ? She needs to talk to her bankruptcy attorney and most likely will need permission from the trustee. And of course in a chapter 13 she may have a hard time even finding anyone that will do a mortgage on the property, and it will be at a much higher interest rate than someone with good credit.

You can change the deed to your name if you buy the home from her and get a mortgage in your hame, ( but again you will need court permission to sell the home)

She will be much better off, finishing out the chapter 13 before she does anything else.