My question involves collection proceedings in the State of: Tennessee
My mother and step-father own a property together. My mom was sued years back and judgement was made against her and only her for $900,000. The only asset she has is her half of the home. Years later they got a judgment against my step-father basically because they ignored the lawsuit for $100,000.
The house is set be sold on March 26th. They are older and I'm trying to figure out a way to keep them in the house.
The only thing I have come up with is my step-father quit claiming the house to me and us paying off the judgement to him for a $100,000 this would still be cheaper than buying a new home. Hopefully then they could live there until they both passed on and I could 50 percent of the house when it sold to recoup some of the money.
Besides the House they do not share any assets. Also my Mom could file bankruptcy she has nothing I don't know if that would keep her in the home.
Basically these judgments were escalated due to their poor choices and I'm wondering if a lawyer could actually do anything in this situation. They are 75 and I'm just trying to keep hem in a home.
Any helpful feedback would be appreciative on what type of lawyer would be best suited to handle this or any other possible choices.