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Old 06-29-2010, 01:36 PM
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Default Is it fraud if my parents paid off my...

...mortgage & transfered the property to their name to avoid foreclosure? My parents put down the money in my condo years ago when we bought it. They wanted to put it under my name to establish a good credit. I lost my job over a year ago and had a hard time paying my mortgage & other debts. My credit went downhill. My parents found out it was in the foreclosure process, they decided to pay off the balance so I can still have a place to live. But they transfered it under their name.
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