Posted on: 21st Jul, 2009 04:07 pm
We own a second home with no lien. We have enormous credit card debt. ($70,000) The property we own is probably worth $50,000. Are credit is horrible so we can't get a loan against the house to pay off creditors. Can we quit claim it in order to save it from creditors??
pennie i just answered this quesiton on another forum.