Posted on: 15th Sep, 2009 09:37 pm
if i quit claim my property will it be safe from bankrupcy? in az.
hi oldhawk!
welcome to forums!
transferring property just before filing bankruptcy can be considered as a fraud. if you transfer property now, you won't be able to file bankruptcy for about a year. if you do so, the property transfer would be considered as a fraud and the bankruptcy trustee can take actions against you.
feel free to ask if you've further queries.
sussane
welcome to forums!
transferring property just before filing bankruptcy can be considered as a fraud. if you transfer property now, you won't be able to file bankruptcy for about a year. if you do so, the property transfer would be considered as a fraud and the bankruptcy trustee can take actions against you.
feel free to ask if you've further queries.
sussane