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Bankruptcy

: The Debt Podcast

Free Rent For A Parent?

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What could be wrong with this?  Your mother conveys her home to you, and you let her live there for the rest of her life.  No need to pay an attorney.  “Gotcha”, says the trustee. A bankruptcy trustee takes over control of your assets, and may well threaten to evict your mother so rent can be [...]

Full post as published by The Debt Podcast on May 17, 2009 (boomark / email).

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