Posted on: 04th Aug, 2010 06:27 am
My husband and his brother bought a lot 6 years ago. Both names were on the loan and the deed. Since then his brother has gone bankrupt but did not include this lot in his bankruptcy agreement. We have continued to pay all bills. We are now refinancing soley in my husband's name and trying to get his brother off of the deed. Will the court system allow this since he no longer has interest in the property? He has already signed a Quit Claim Form and the deed has been recorded but now we understand that it may be voidable. Please advise.
hi sb!
welcome to forums!
your husband's brother did not include the property and the mortgage in his bankruptcy filing and has also signed a quit claim deed and transferred the property to your husband. your husband needs to refinance the loan in order to transfer it in his name. i don't think he would face any hassles regarding this.
feel free to ask if you've further queries.
sussane
welcome to forums!
your husband's brother did not include the property and the mortgage in his bankruptcy filing and has also signed a quit claim deed and transferred the property to your husband. your husband needs to refinance the loan in order to transfer it in his name. i don't think he would face any hassles regarding this.
feel free to ask if you've further queries.
sussane