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Tom B.
Tom B., Barrister & Solicitor
Category: Canada Law
Satisfied Customers: 2263
Experience:  25 years in practice
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I owe cc a considerable amount of money, but due to my

Customer Question

I owe cc a considerable amount of money, but due to my current age and low income, credit counsellors suggested I make no further payments to my creditors and send them a list of my income and expenses, which I did. However, they have discovered that the home I live in, which doesn't "morally" belong to me, has my name on title. The owner, who is my son, and I transferred the title into my name for tax purposes. Now, the cc companies may be looking at placing a lien on the home. What to do?
Submitted: 11 months ago.
Category: Canada Law
Expert:  Legal Ease replied 11 months ago.

When you say your son placed your name on title for tax purposes what do you mean?

Who lives in the home?

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