Hi! My Mother-in-law is helping me and my (common-law) husband and our kids purchase a home. She has got a loan in her name and going to transfer the money to one of our accts., as our credit is not very good. We mostly have medical collections that I would totaled all together are not over $10,000. I also have a student loan of around 8,000 that is not in default. What we were wondering is would it be a good idea to put it in our name at this time?
Posted over 6 years ago