recently my dad ask me smtg...

my dad owes various bank of debt from his over-charged credit card about rm30k   

so now he worrying that our house might get mortaged by the banks suddenly cuz we still left 13k more loan haven't paid finish.

he say wanna switch his name of the hse to me and my sister. im currently working now while my sis studying U.

the prob is he want change to our name and get loan again so can clear his debts and the house loan. I think is under our name. So wanna ask issit risking to agree what he talking about? and he said he will pay the bank back monthly.

purpose for doing this: he want to assure that the hse wont get mortaged or tarik by bank if one day he get declare bankcrupt cuz the hse owner's name already become my name and sis's name.

confusing...