[JamesGalyon]

If more than one lien is put against a home totaling more that the total value of the home are the liens paid off in order they were filed when the home is sold or split evenly between the creditors? I have been poor all my life because my wife and I chose for her to remain home to raise or son. I had a small printing business and worked from home. In 1990 my wife became very ill and our insurance premium rose to over $1600. We bought nothing in the last 10 years except the bare necessities to stay alive. For the last two years we had to use credit cards to pay medical bills and built up $70,000 of debt. Until 7 months ago I had never been late on a bill for over 32 years of having credit, but now I lost my job and all credit cards it gone into collections. We have now lost our insurance, which keeps my wife alive with doctors and medications. I have only a few hundred dollars a month, which I make with the left over printing equipment I still have. I do not have $4500 for bankruptcy. I have never taken a dime of government assistance and was always told I did not qualify for government assistance because I made enough to pay for the $1600 insurance premium. I now have numerous credit card companies harassing me daily. We can barely afford one meal a day and to keep the lights on. My son has helped all he can and given us all the money he has to keep his mom alive. Our home is paid for, but we are now late paying property tax on it. We must keep our home because we have created a sterile environment in it for my wife and we could live no other place. It is also only thing I have to give our son when we die. I thought that since our son has given us so much time and money to help out I could say it was a loan that I could not pay and he could put a lien on our house which we would help effect as fast as possible. Our house is worth $100,000 so if he put a lien of $150,000 against it before anyone else did, would this guarantee it would go to him when it was sold? If a credit card company put a lien against it later would they get part of it, or would he be paid first, effectively getting the house entirely? I am just looking for a way out. I live in Texas and NO ONE will hire me because I do not speak Spanish. We have only our faith in God to sustain us. Please help.

[Fr_Chuck]

This is called fraud, and the bankruptcy court will want to see the trail of money owed for the lien. If you actually borrow money from him, or let him get a real mortgage and buy the house from you. Or sell it on a reverse mortgage that allows you to live in it till you die.