A common issues that comes up during possible bankruptcy filings is, “Property in My Name Is Someone Else’s”. If you “helped” someone purchase a vehicle, house, stock or other property by putting the property in your name because they didn’t qualify on their own for whatever reason, even if you didn’t pay for it yourself, that property must be properly listed in your bankruptcy petition. It is very important to inform your attorney of such issues so they can be properly dealt with in the petition.
This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice regarding Property in My Name Is Someone Else’s, or any other Bankruptcy matters, please feel free to contact Joel E. Sannes at 480.461.5307, or log on to udallshumway.com, or contact an attorney in your area. Udall Shumway PLC is located in Mesa, Arizona and is a full service law firm. We assist Individuals, families, businesses, schools and municipalities in Mesa and the Phoenix/East Valley.