Posted on: 09th Sep, 2009 12:29 pm
My ex husband and I were divorced in 2005. We agreed to settle our property ourselves to keep it simple. I kept up my agreement, he did not. We have a property still in my name. I just filed ch 13 with my current husband. Now my exhusband wants me to sign a quit claim and thinks a judge will rule to take my name off the financing (land home package)since I am now in bankruptcy. I don't want to get screwed over. All the quit claim will do is take my name off the property. Have you ever heard of a bankruptcy judge ordering a person's name off the financial side? I don't want to sign away my right to the land and still be resposible for the home.
Confused in Louisiana
Confused in Louisiana
Hi Guest!
Welcome to forums!
As you've already filed for bankruptcy, it won't be a good option to remove your name from the property deed by signing a quitclaim deed. It would be totally the discretion of the lender whether or not he would remove your name from any financial obligation. Before taking any steps, you should contact your attorney and take his opinion.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
As you've already filed for bankruptcy, it won't be a good option to remove your name from the property deed by signing a quitclaim deed. It would be totally the discretion of the lender whether or not he would remove your name from any financial obligation. Before taking any steps, you should contact your attorney and take his opinion.
Feel free to ask if you've further queries.
Sussane