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Quit Claim and bankruptcy

Posted on: 26th May, 2011 12:36 pm
i have a condo that was just refinanced under my wife's credit only. if i quit claim it to a relative, as long as i keep making payments, how would that affect my personal (not wife's) chapter 7 bankruptcy?

thanks
Hi ztheist,

Transfer of property just before or during the bankruptcy filing will be considered as illegal and fraudulent and you can be penalized for the same.

Thanks
Posted on: 26th May, 2011 09:15 pm
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