Can I get my name taken off the stock, or my mother just cashes it out without any ramifications?

When your mother put the stock in your name, it is presumed that she made a gift to you of the stock. That would make the stock your asset and your creditors would be able to take the stock to pay your debts. In order to show that your mother is still the owner of the stock, you need to provide some evidence that your mother - not you - acted as the owner of the stock. For example, did she report any dividend income on her taxes or did you report it on yours, did she vote the stock in any corporate elections, did she list the stock as her asset in a loan application. You'll have to disclose the stock to the bankruptcy court and explain the situation to the trustee.

That's a very big possibility.

I believe if you follow this scheme, you will face loads of problems with your bankruptcy trustee. I suggest waiting at least one year after your mother takes the stock out of your name.

This is definitely a problem. To change the ownership of the stock within a year before filing BR would be a 'fraudulent transfer,' in that it takes away property which your creditors could otherwise reach. If your mother is a joint owner, then she is entitled to cash the stock in. It is not entirely clear whether you need to list that transfer on your bankruptcy papers. But your obligation to disclose a great deal of financial information truthfully on the papers which are filed with the Court may require you to make the disclosure when you list transfers of property. Retain an experienced bankruptcy lawyer in your locality and discuss the situation with him or her. It's almost always worth the investment to have a good lawyer advising and representing you in a bankruptcy or any other court matter.

Taking your money off the stock presents all sorts of problems. This should be discussed with your lawyer and your bankruptcy should be put off.