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Buying our parents house for them

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steviesky96 | 18:56 Thu 06th Sep 2007 | Law
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When myself and my siblins buy our parents house for them will any of the debters they owe money to be able to force us to sell it to pay off their debt, they are making payment to their debters but only a fraction of what they owe. They have been in their home for over 30 years and they don't want to loose it.
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if they have a charge on the house to cover any debt,then yes it must be paid,from the monies they receive from you.
It depends, who's name will the house be in? If it is your parents then potentially yes a creditor can make them sell (but this is a worst case senario and will involve court). If it is in your and your siblings names then no.

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Buying our parents house for them

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